Business
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Business News
In Business News: the government is planning a slew of privatisations to pay for new transport infrastructure; Skoda Auto is the Czech Republic's biggest firm - and the…
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Decreasing unemployment resulting in lack of skilled labour
In May, the unemployment rate was the lowest in almost three years. Down to 6.4 percent, the number of people looking for jobs dropped by more than 19,000 compared to the…
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Business News
In Business News this week: the Czech Republic posts record export figures; the country is set to produce a million cars a year, says an industry leader; the Czech economy…
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Czech Republic enjoying record export growth
The Czech Republic has been enjoying record exports and new figures released this week show that the trend is far from over. In the first four months of this year…
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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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