Business
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Prague stock exchange falls amid global jitters over US economy
Stock markets around the world fell sharply on Monday amid fears of a looming recession in the United States. The Prague Stock Exchange was no exception. The PX’s main…
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Business News
Share-prices on the Prague Stock Exchange have slumped to their lowest level since November 2006, Škoda car sales around the world increased by 14.5 percent last year and…
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Business News
In Business News this week: state-owned brewer Budvar will probably not be privatised during the term of the current government, says the minister of agriculture; top…
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Business News
In Business News this week: the budget deficit is significantly lower than predicted; the prime minister signals an end to state support for building savings; the euro…
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Soaring oil prices to have no dramatic impact on Czech economy
The price of crude oil hit an all-time high on Wednesday when a barrel sold for 100 US dollars. The conflict in Nigeria, low oil reserves in the United States, and a…
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2008: a year of reforms
The new year will radically affect the lives of ordinary Czechs. The reform package of Prime Minister Mirek Topolánek's centre-right cabinet has introduced far-reaching…
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Czechs believed to be holding on to huge number of unused mobile phones
New mobile phones will no doubt be turning up in many people’s stockings this Christmas. But what becomes of old mobile phones, once people acquire a snazzy new model? One…
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Business News
In this week’s Business New: the Czech Republic to receive more funds from the EU; Home Credit starts off in China; Czech Railways plan record renovation; Czech food…
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The journey of a Czech Christmas bauble from factory to tree
The Czech Republic’s best known exports may be Skoda cars and beer, but you might be surprised to find out that Czech blown-glass Christmas decorations are also big…
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Business News
In Business News this week: energy giant CEZ buys a 7% share in Hungary’s MOL and raises its profit estimate by 1.2 billion crowns; Czech Airlines agrees to sell its…
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Business News
In Business News this week: inflation in the Czech Republic stands at 5 percent and is set to rise further, while salaries should grow next year by almost 8 percent…
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Czech government cancels 1.1 billion-dollar arms contract
The Czech defence minister, Vlasta Parkanova, said on Tuesday that the Czech government had decided to withdraw from a deal to buy armoured personnel carriers from an…
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