Business
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Business News
In Business News this week: the Finance Ministry revises its growth prediction for the Czech economy upwards; the government delays a sale of international bonds because…
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Will Greek debt crisis impact Czech euro adoption?
Member states of the Eurozone are discussing ways of helping Greece and its debt-laden economy, while there are growing concerns about some other countries that use the…
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Czech Environment Ministry approves renovation of country’s biggest coal-fired power station
Earlier this year Micronesia called on the Czech Republic not to refit its biggest coal-fired power station, Prunéřov, saying the pollution it will produce threatens the…
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Top court ruling fuels debate on pension reform
Experts are concerned that a recent landmark ruling by the Czech Constitutional Court on the pension system might lead to excessive government expenditures. The verdict…
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Business News
In this week’s Business News: US real estate giant eyes Czech expansion; surveys show slowdown in warehouse and shopping developments; bed maker Linet seeks to crack US…
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Anti-corruption watchdog backs referenda to brake councils’ plans to steamroller through solar…
A Czech anti-corruption watchdog is helping citizens at several sites around the county to prepare referenda for or against plans for massive solar power plants. It is…
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Airlines watch skies - and balance books - as no-fly losses mount
Flights to and from the Czech Republic are beginning to resume as normal after Czech airspace was reopened on Monday, but the country’s airlines and airports are now…
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Klaus given significant chance to influence monetary policy, euro adoption
There were mild ripples of excitement in the banking world this week when the governor of the central bank announced he would be quitting his post eight months earlier…
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Business News
In Business News this week: troubled developer Orco raises cash and hackles; Czech coke producer rides high on soaring prices; betting lobby loses battle with opponents…
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Vodka, or methylated spirits? News server uncovers ‘massive’ Czech drinks fraud
A Czech online news server made the remarkable claim on Tuesday that as many as one out of two bottles of spirits sold in the Czech Republic is made on the black market…
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Business News
In Business News this week: unemployment retreats from the feared 10 percent mark; Czech state debt hits a record level; power giant ČEZ says it will shift its investment…
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Czech beer producers protest use of artificial additives
Several Czech brewers, including the makers of Pilsner Urquell, are calling for tightening of the rules for using an industry quality control label named České Pivo (Czech…
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