Business
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Lenders nod to state development fund, in order to avoid bank tax
Lenders operating in the Czech Republic have agreed to contribute to a state development fund designed to cover increased public spending during a global economic slowdown…
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2017 law governing wine sales remains highly controversial
Two years after a law aiming to clamp down on bootleg wine sales and low quality wines came into force it still sparks controversy among wine-growers and wine sellers…
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Czechs set to go beyond EU proposals on ‘dual quality’ foods, products with outright ban
The Czech government is poised to amend the Food and Consumer Protection acts so as to ban the practice of “dual quality” sales of food and other products. If signed into…
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Czech company tax among the most complicated in Europe, claims survey
The Czech Republic’s system of company tax is one of the most complicated in the EU, claims a study made in collaboration by the consultancy BDO and two German…
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Czech unions seek to force employers to accurately track employees’ hours
Companies in the Czech Republic will have to accurately track their employees’ working hours. Otherwise they will come under pressure from trade unions armed with a new…
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Major new residential and office district to go up in Prague’s Hagibor district
A new residential and office quarter is set to go up in the Prague 10 district that will contain up to 650 apartments and become the home of one of the country’s top…
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Czech Republic facing serious shortage of skilled tradesmen
In the last few decades the number of teenagers who opted to become skilled tradesmen and women has seen a steep decline. Consequently the country now lacks an estimated…
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PM: State of food security “catastrophic”
Czech Prime Minister Andrej Babiš described the country’s agricultural self-sufficiency as catastrophic in a speech to members of the Chamber of Agriculture on Sunday. He…
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Extension of controversial electronic register (EET) law likely
Prime Minister Andrej Babiš’s (ANO) bid to extend the scope of the electronic cash register system known as the “EET” is a step closer to becoming law. But while one move…
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Lorry drivers and crane operators – “men’s” jobs increasingly open to women as unemployment sinks…
Unemployment rates in the Czech Republic have been the lowest Europe-wide for some time now. The latest data on employment levels is set to be released by the Labour…
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Czech PM’s request for share of bank dividends causes stir in Central Europe’s banking sector
Czech Prime Minister Andrej Babiš caused a stir in Central Europe’s banking sector when he suggested that lenders in the country should pay as much of as a fifth of their…
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New bill to prevent children from falling into debt
Over six thousand children in the Czech Republic are currently threatened with a distraint order over unpaid debts, while tens of thousands of young people have debts that…
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