Business
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Business News
In this week’s Business News: ČEZ topples Škoda Auto as biggest Czech company; sales surge should help Škoda Auto regain top spot; Czech financial sector gets clean bill…
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Czech doctors threaten to walk out over low pay
Czech health care is once again in the spotlight, after the country’s Medical Chamber called on hospital physicians to quit their jobs by the end of the year if they don’t…
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Ministry of Finance puts onus on cuts to curb budget deficit
The Czech Republic has been praised by the European Commission for the steps taken so far to curb its burgeoning budget deficit. Now a new wave of tough austerity measures…
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Czech vacationers spending less on package tours ahead of summer season
Tour operators have registered between a 10 – 15 percent decrease in the number of Czech vacationers buying package tours in normally popular destinations such as Egypt or…
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Czech National Bank says flat prices rose too high and should fall
A new report by the Czech National Bank warns that flats in the Czech Republic are overpriced in spite of recent falls and prices could slide still further. The report…
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Are cuts the answer to growing Czech public debt and an expanding deficit?
One phrase, fiscal responsibility, and one word, cuts, dominate Czech economic and political life following elections to the lower house at the end of May. The right-wing…
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Business News
In Business News this week: low score on pumping EU funds; falling consumption hits brewer Plzeňsky Prazdroj; Czechs seen plugging into video conferencing; ČEZ announces…
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Pension reform draft proposes lower contributions, individual accounts
The Czech pension system is to undergo a major overhaul in the coming years. On Wednesday, government appointed experts unveiled a pension reform draft that would enhance…
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Powdered Czech beer waits for patent application verdict
Czech beer is already being sold around the world in powdered form. Now the Czech research institute behind the recipe is seeking protection in the form of a worldwide…
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Czechs brace for hard times
As the country’s centre-right parties hammer out an agreement on a future government one message is coming across loud and clear – whatever the deal - it will involve…
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Business News
In Business News this week: public debt sets gloomy record; mining limits look set to stay; inward investment plummets; big is not beautiful for Czech farms; and small…
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Business News
In this week’s Business News: economic confidence continues to recover; regional rail services battle heads to Brussels; winner of first state PPP project selected; China…
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