Business
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Business News
In Business News this week: the EC raps the Czech Republic on the knuckles for breaking a promise to bring the public finance gap below 3.3 percent; the Czech central bank…
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European Commission criticises Czech Republic over public deficit
It came as no surprise on Wednesday but that took no edge of the news: the European Commission's issuing of a warning to the Czech Republic for not doing enough to rein in…
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Business News
In Business News: the government approves a package of tax and public spending reforms; the EC is to warn the Czech Republic that it is failing to keep its public deficit…
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Uranium mining to continue for indefinite period
The Czech government, this week, decided to extend uranium mining for an indefinite term. Production at the Vysocina region's state-owned Dolni Rozinka mine was originally…
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Government and carmakers welcome EU plan on greenhouse-gas emissions
Almost one fifth of the Czech Republic's air pollution is caused by transport and yet efforts to reduce greenhouse-gas emissions in cars have borne little fruit. But this…
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Business News
In Business News: an increase in exports countries allows power producer CEZ to achieve record profits in the first quarter; a new player, U:fon, enters the Czech telecoms…
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Labour shortage once again on agenda as government looks abroad
The financial daily Hospodarske noviny carries a long article on Tuesday about the problem of labour shortages in the Czech Republic, the latest coverage of a much…
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High growth pays dividend in form of record low unemployment
The Labour and Social Affairs Minister Petr Necas said this weekend that if the government's public finance reforms are adopted, unemployment could fall below five percent…
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Business News
In Business News this week: the EC says it expects the Czech Republic's GDP growth to fall below 5 percent this year and also worsens the outlook for the country's public…
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Agrarian Chamber preparing series of protests against supermarket chains
The Czech Agrarian Chamber has declared war on retail chains. It is accusing supermarkets of threatening the very existence of Czech farmers by preferring low quality…
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Business News
In Business News: Czech firms are to pay out their highest dividends ever, but most of the money could flow out of the country; over 30 international firms have opened…
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Business News
In Business news this week: Czech investment firm PPF enters a major new joint-venture with the Generali insurance firm, Billa is to take over the Czech Republic's Delvita…
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