Business
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Olomoucké tvarůžky will not receive protected status from EU for time being
Olomoucké tvarůžky – famous yellow cheeses produced in the Olomouc region in the Czech Republic – are instantly recognisable for their odour and gummy texture: they are…
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Business News
In Business News this week: the Czech Republic has posted record trade surplus in 2007; shopping space in the country is expected to expand by 50 percent; Czechs want to…
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Business News
In Business News this week: Martin Jahn has been appointed general director of the Volkswagen Group in Russia; the American company which bought Čedok is also interested…
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New Pilsner Urquell guidebook ranks top establishments
It’s something of a Czech tradition: fans of Czech beer Plzeňský Prazdroj (Pilsner Urquell) debating which pubs have the best Pilsner on tap. Now the debate may see a…
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Business News
In Business News this week: following panic selling earlier in the week, the Prague Stock Exchange sees its biggest rise in almost 15 years; the number of credit cards…
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Under EC proposal Czech Republic to double “green energy” production by 2020
On Wednesday, the European Commission made public its planned reforms in its fight against climate change. The proposed measures are aimed to help the EU slash greenhouse…
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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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