Business
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IMF mission warns time running out for economic reforms
A delegation from the global financial and economic watchdog, the International Monetary Fund, has delivered a mixed message to the Czech Republic. The good news is that…
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Caretaker cabinet’s plan to adopt euro in 2016 could meet indifference of future government
The Czech Finance Ministry has outlined an ambitious plan to meet all the criteria for adopting the common European currency. If all goes well, the euro could replace the…
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Business News
In this week’s Business News: state companies face screening; competition office seeks to weed out spurious complaints; a Czech aircraft maker ties a trans-Atlantic deal…
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Potential cut of midnight metro angers Prague residents
Many consider Prague’s public transport system one of the best in Europe. But there could soon be cuts to services in the city, including a proposal to end metro services…
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Czech Republic has lowest poverty rate in EU, study suggests
New data comparing poverty rates across the European Union puts the Czech Republic’s poverty rate at the very bottom of the statistic. Only nine percent of Czechs live at…
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Government raise tolls for hauliers on Fridays to cut-down on pre-weekend traffic
The Czech government on Monday passed a new directive raising tolls for trucks by half of the current rate on Friday afternoons, in an attempt to curb heavy traffic on…
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Environmental groups focus on local damage caused by controversial ČEZ power plant
Headlines around the world have been made by a small Pacific island state’s challenge to plans for a large Czech coal-fired power plant. But Czech environmental groups are…
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Business News
In this week’s Business News: the government seeks to get to grips with corruption; deflation at factory and farm gates; car makers buck the trend with production figures…
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Czechs most active users of social platform Facebook
A Czech language version of Facebook only became available a year ago. The social platform allows users to design a profile, add friends, or share personal news. In the…
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Czech firm played key role in construction of world’s tallest building
The completion of the world’s tallest building, the Burj Dubai, made scores of international headlines this week. Among those who took part in the huge project in the…
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Business News
In this week’s Business News: sobering state deficit figure announced, Prague airport sees passenger decline, bankruptcies climb in 2009, statistics office fuels recovery…
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Czech government unveils final figure for record 2009 state deficit
The Czech government has unveiled the final figure for last year’s state budget deficit. Previous updates had already signalled that the sobering statistic for 2009 would…
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