Business
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“Czech invention” of ads on banknotes unlawful, says Czech National Bank
The Czech National Bank has just issued a statement saying its banknotes may not be used for advertising purposes. That may seem obvious, so why spell it out? Well…
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More bad news in store on unemployment
Shock figures on the Czech jobs front in April have focused attention on how bad unemployment will become before it gets better. Most analysts are predicting worse to come…
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Radim Jančura – founder and head of Student Agency, the Czech Republic’s most popular transport…
If you happen to have travelled between Prague and Brno on the D1 motorway in recent years, you might have wondered why those large yellow buses running between the two…
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Social Democrats turn spotlight onto high wages of state company bosses
Fat cat wages at Czech state controlled companies during the economic crisis have been pushed into the limelight by the main opposition party, the Social Democrats. Party…
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Business News
In Business News this week: the IMF spreads gloom; ČSA bidders downed; Lukoil looks to expand; three make it into last round of massive clean up tender; and McDonald’s…
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Gloomy IMF growth prediction for Czech Republic creates a stir
The International Monetary Fund has created a stir with a startlingly gloomy prediction for the Czech economy this year. The prestigious Washington-based institution says…
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Famous Czech piano-maker switches to kitchens to survive crisis
The Czech Republic has so far escaped the worst of the global recession, but it is beginning to bite now – worrying news at a time when the country’s government has…
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Aeroflot excluded from CSA sell-off that could net Czech state rather less than originally hoped
The Czech government said on Monday that Aeroflot would not be allowed to bid for its stake in the Czech national carrier, CSA. However, the exclusion of the Russian…
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Business News
In Business News this week: the IMF predicts a shrinking economy; no date with the euro for now; fair or foul scrap incentives; the sun rises on Czech solar power; and why…
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Business News
In Business News this week: more gloom from the number crunchers; a silver lining from the central bank; charges stack up against local banks; EU funds spark gas storage…
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Outgoing coalition, opposition agree on stimulus package
One of Prime Minister Jan Fischer’s first tasks in his new job will be implementing a billion-crown stimulus package to kick-start the Czech economy. A final outline of…
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Business News
In Business News this week, Škoda Auto looks to Saturday working; foreign workers’ visa freeze; Prague airport privatisation problems; Czech agriculture’s new master…
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