Business
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Business News
In Business News this week: the government moves to reign in solar power subsidies that threaten huge electricity price rises; the price of ČEZ shares falls with…
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Construction of new blocks at Temelín nuclear power plant might face delays
The Czech state-controlled energy producer ČEZ is considering postponing the construction of two additional blocks at its Temelín nuclear facility, the daily Hospodářské…
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Days numbered for 50 crown banknote
The days of the pale-red 50 crown banknote, featuring the likeness of Saint Agnes of Bohemia, are numbered. In an aim to cut back on costs, the Czech National Bank…
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Czech winemakers brace themselves for low harvest
Winemakers in Moravia and Bohemia are bracing themselves for an extremely low harvest this year, with estimates that crop levels could be 50 or even 80 percent lower than…
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New code strips police of power to examine individuals’ tax returns
One of the tools available to police investigating economic crimes is the authorisation to look into personal tax data. However, that will no longer be the case once a new…
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Business News
In this week’s Business News: the government wants to keep electricity hikes at less than 10%; the IEA warns the Czech Republic to focus more on efficient energy use; one…
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Business News
In this week’s Business News: sharp hike in VAT floated; electricity bills seen rising by as much as 17 percent; Škoda Auto outlines ‘green’ plans; first half beer demand…
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Business News
In this week’s Business News: confidence slips for second month in row; retail rental prices flat or declining; Tesco to temp internet shoppers in Prague; PSE gets…
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Business News
In this week’s Business News: Škoda Auto to remain in luxury range; government turns off funding for solar power; central bank fines major high street bank for misleading…
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Czech transport minister builds on construction company savings
Stalled Czech road and rail projects have been given the green light to continue by the transport minister after construction companies offered savings and other…
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Economist Jan Bureš: Czech economy relatively healthy, but cuts still essential
Jan Bureš is chief economist at Poštovní spořitelna, which is part of the banking group ČSOB. Aged 31, he is one of the most visible Czech economists of his generation…
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Business News
In this week’s Business News: Czech economic growth on steady course; ministries scramble against solar power impact; telecoms giant under shadow of competition office…
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