Business
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Business News
In Business News this week: the Czech government introduces a major fiscal reform package; power giant CEZ is the largest firm in Central Europe according to Forbes…
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Mass staff resignation after minister sacks head of CzechInvest
A storm has erupted at CzechInvest, a state body which encourages foreign investment and helps develop Czech companies. At least a fifth of CzechInvest's employees have…
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US chain Starbucks to enter booming Czech café market
Not so long ago, if you wanted to grab a coffee in Prague or any other Czech city you could only really do so at a rather grim old-fashioned café or restaurant but now…
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Cabinet unveils package of tax, spending reform
The Czech coalition government on Tuesday unveiled a package of ambitious tax reforms and spending cuts, aiming to reduce the country's fiscal deficit and prepare it for…
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Proposed tax reforms not radical enough say critics
The government announced a new financial reform package on Monday evening, which it wants to put before parliament. The proposed measures include the introduction of a…
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Slivovice: traditional Moravian spirit is under threat from EU bureaucrats
Anyone who's been to Moravia will most probably have sampled a glass of slivovice, the potent clear spirit usually made from plums, which is synonymous with the region and…
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Business News
In Business News this week: Skoda is voted the best Czech company for the second year running; there has been a sharp rise in Czech property prices, and it looks like…
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Czech industrial sector up in arms over slashed emission quotas
This week the European Commission said it was going to cut substantially the Czech Republic's greenhouse gas emissions quota. The news has the Czech industrial sector up…
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Business News
In Business News this week: Prague is the most popular location for house buyers, an independent audit declares the new road-toll system a success, the government is to…
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Krystof are biggest winners at Czech music awards - and what does future hold for music sales in…
In this week's edition of the Arts: the band Krystof are the biggest winners at this year's Andel music awards; how have legal music downloads taken off and how does the…
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Government reportedly set to push for 15-percent flat income tax rate
According to press reports, the right-of-centre Czech government is planning to introduce a 15-percent flat income tax at the start of next year. That would be the lowest…
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Corporate social responsibility new concept to many Czech businesses
The idea of corporate social responsibility, which requires companies to conduct business in an ethical manner, has been in the news a lot in recent years. Many firms now…
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