Business
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Business News
In Business News: the Czech National Bank raises interest rates by a quarter of a percent to 2.25; more than a a quarter of firms in the Czech Republic bribe officials to…
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Czech wine producers and their role in the European wine sector
"If we do not make a bold reform proposal, there will be wine producers in Europe who will suffer a painful death," said European Agriculture Commissioner Mariann Fischer…
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Business News
In Business News: Vodafone has halted plans to launch a UMTS mobile phone network; the Telecoms Office is considering allowing a fourth mobile operator to enter the Czech…
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Business News
In Business News: the number of applicants per job stands at 5.2, the lowest figure for eight years; the country's biggest steelworks is to let 1,000 workers go, with more…
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Czech crown gains on world markets
Visitors to the Czech Republic may have noticed that their dollars or euros don't go as far as they did even a year or two ago, as the Czech currency - the crown - gets…
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Business News
A new report indicates that Czech industrial profits for 2004 to 2004 tripled to 179 billion crowns (over 8 billion USD), as the workforce decreased by 35,000. Business…
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Czech Consolidation Agency still missing half a billion crowns
The state bail-out agency, the CKA, is frantically looking for 500 million crowns (close to 21 million US dollars) that have disappeared from its accounts. The agency…
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Business News
In Business News: the minimum wage is to increase slightly from July; Czechs are spending less on household insurance relative to earnings; Plzensky Prazdroj is to invest…
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Jack Stack - an American at the helm of one of the Czech Republic's biggest banks
As chairman and CEO of Ceska Sporitelna bank, Jack Stack is one of the best known foreign businessmen in the Czech Republic. As well as being personally popular, he is…
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Business News
In Business News: the Prague stock exchange has a down and up week; tax on labour in the Czech Republic is too high, says the OECD; Czech Airlines plans to trim its…
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Business News
In Business News: the Czech Republic is on course to join the euro in 2010, though the OECD warns of some risks; inflation reaches 3.1 percent, but should fall sharply…
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Economics, not regionalism, root of Czech voting divide
The weekend's elections have produced a perfect split in parliament. If you look at a map of the election results, it also shows an almost perfect split in the way Czechs…
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