Business
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Minister: 2017 budget should end with small deficit
The Czech Republic’s state budget should end the year with a small deficit if European Union subsidies are not counted, according to the minister of finance. If EU funds…
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Some 2.2 million bottles of St. Martin's wine to go on the market
Sellers expect some 2.2 million bottles of so-called Saint Martin's wine to go on the market this year, a slight drop from the last two years due to a weaker grape yield…
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Czech energy giant boosts nuclear output but big questions remain
The Czech Republic’s dominant electricity producer and long time state cash cow, ČEZ, is seeing boosted production from its nuclear power plants after coming through a…
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GRECO president in Prague: Without good people, even a perfect law is futile
The Group of States against Corruption (GRECO) established in 1999 by the Council of Europe to monitor member states’ compliance with the organization’s anti-corruption…
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Farmers ordered to cull their pigs as risk of swine-fever grows
The popular pig-slaughtering feasts which usually take place in February are going to start early for some pig-breeders this year. Farmers living in the area infested with…
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CEZ net income up 13% in first three quarters
CEZ Group’s net income increased by 13% year-on-year in the first three quarters of 2017, according to figures just published by the company.
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Butter prices steady after “hysteria” fades
A spike in the price of butter in recent months led to panic-buying and even saw the PM involved. But prices shouldn’t rise again before Christmas.
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Czech bank governor talks up further rate rise expectations
The Czech National Bank’s move Thursday to raise its key two week repo rates by 0.25 percentage points to 0.5 percent was hardly a surprise and the Czech crown…
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Survey highlights Czech gender pay gap
Czech women with university education have 29 percent lower salaries on average than their male colleagues, which means some 15,000 crowns less monthly, according to a…
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Czech industry at six year growth record
The Czech Republic’s manufacturing sector shows the most significant growth in more than six years, according to a report by IHS Markit released on Wednesday.
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Czech sex toy designer rolls out new products
A Czech designer has won acclaim by bringing her talent to the intimate world of women’s sex toys, But is not been an easy path from idea to final sales and although new…
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German food sales soar over quality concerns
Interest in German foods is on the rise after reports products sold in the Czech Republic and other ex-communist states are of relatively low quality.
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