Business
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Czech Republic slips in competitiveness ranking
The business environment in the Czech Republic has got worse over the last 12 months according to a prestigious international economic evaluation. The World Economic Forum…
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Business News
In this week’s business news: Google seeks to seduce Czech searchers; Czech company seeks expansion in tractor’s home town; central bank sees rising number of problem…
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Gradual demise of Czech fashion icon
It’s the end of an era for the Czech fashion manufacturer and retailer OP Prostějov. As of September 1st the company that ruled the roost of the Czech fashion business has…
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Business News
In the week’s Business News: the only way is up for interest rates; ministry retreats from promise to ease burden of health and insurance payments; revolutionary media…
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Czech government clamps down on solar power boom
In the Czech Republic the sun is no longer shining so brightly for solar power companies. The Czech government has just adopted new rules which threaten to sharply cut off…
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Business News
In Business News this week: end of the road for many Czech truckers; Tatra pins hopes on facelifts; Prague pushes for changes in EU deficit rules; Finance Ministry…
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Labour ministry plans controversial cuts to state employees’ salaries
Come 2011, the Ministry of Labour wants to see state employees’ salaries cut by 10%. That was the main point of a proposal put forward on Thursday as part of the coalition…
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Czech government shakes up employment rules for foreign workers
The Czech government has moved to crack down on foreign workers who overstay their welcome in the country. At the same time it has set up a new system for attracting…
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Business News
In this week’s Business News: rating agency boosts credit risk outlook; top end tourism outperforms in second quarter; lower grain harvest predicted; ČEZ faces Slovak…
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Business News
In Business News this week: The Czech National Bank raises its estimate of Czech economic growth in 2010, the central bank leaves interest rates unchanged and amidst…
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City dismisses proposed demolition of Strahov Stadium
The City of Prague has wasted no time reacting to a proposal made public this week that the famous Strahov Stadium, overlooking the city, could be demolished to pave the…
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Government brings back revamped economic advisory board
The Czech government has set up a revamped economic advisory board, or NERV. The board, which was first set up in 2009 to deal with the economic crisis, will now focus on…
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