Business
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Business briefs
Deadline approaching on land-swap deal at proposed $1.2bn Hyundai car plant site; Hourly wages in Czech Republic among the lowest in the OECD; If 'old' EU members keep…
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Business briefs
Some 14 business agreements signed during official visit of Chinese prime minister; Skoda Octavia named 'best import' in German automotive magazine's annual 'Auto Trophy…
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EU newcomer states rallying against UK presidency's proposed budget cuts
British Prime Minister Tony Blair, whose country now holds the rotating presidency of the European Union, faces a frosty reception at meetings in the Estonian and…
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New Czech Labour Code mobilises trade unions into action after sixteen year slumber
The Czech Labour Code is to be amended - but the question is how? Will it serve the rights of the employer or the employee? The changes proposed by the senior ruling…
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Czech Republic sees marked increase in economic crime
International consultants PricewaterhouseCoopers has released the results of its biennial global economic survey, based on thousands of interviews with senior executives…
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Jan Svejnar - US-based, Czech-born economist on experiences abroad and challenges facing the Czech…
Jan Svejnar is one of the most respected economists the Czech Republic has produced. An adviser to former president Vaclav Havel, Mr Svejnar is a professor at the…
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Busines briefs
Former Prime Minister Gross, Trade Minister Urban asked to testify before Parliament on Unipetrol privatisation; CTS Corporation of the US to invest $22m in new electronic…
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Business briefs
Domestic defence contractors want a piece of the NATO pie; The Cabinet agrees a comprehensive plan for promoting economic growth; Additional $60 million earmarked in…
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Business briefs
CNB rate increase catches market off guard; Minimum wage set to increase 6.6 percent; Microsoft and CzechInvest plan top open 'innovation centre'; Netherlands may fully…
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Parliament approves significant tax cut that will affect 4 million Czechs
The Czech Parliament on Tuesday passed a significant tax cut which will affect some 4 million Czech taxpayers next year. Employees will save an average of around 400…
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CNB rate hike signals 'end of the cheap mortgage'
The Czech National Bank surprised the financial markets by announcing a quarter point higher interest rate of 2.0 percent starting this Monday. The central bank governor…
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Business News
In this week's business news; two mobile operators to provide TV reception from next year; the OECD says of all its members the Czech Republic relies the most on social…
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