Business
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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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Business briefs
Ceska Sporitelna predicts 2013 Czech entry into eurozone; Initial compromise reached with health insurance companies; Czech Republic has among the highest perceived levels…
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Czech Republic perceived as being the third most corrupt country in the EU
A report by the international watchdog Transparency International suggests that the Czech Republic has a serious problem fighting corruption. With a corruption index of 4…
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Business briefs
Parliamentary committee to investigate Unipetrol gets green light; 'Pirate of Prague' Viktor Kozeny awaiting extradition ruling; Private doctors, health-care facilities…
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Business briefs
Czech Republic records highest ever budget surplus; Czech farmers opposed to selling their land to make way for Hyundai car plant; Czech Airlines lost 464 million crowns…
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Business briefs
Hyundai to build $1.2bn car plant in the Czech Republic; Premier Jiri Paroubek has agreed to set up parliamentary commission on Unipetrol; Swedish broadcaster MTG buys …
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Carmaker Hyundai considering huge investment in Czech Republic
Thursday's Czech newspapers are dominated by reports of what could be one of the biggest investments ever in the Czech Republic, as the South Korean carmaking giant…
