articles by the author
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Press Review
It's a tale of two presidents in today's Czech dailies - splashed across the covers are photos of either US President George W. Bush, giving his State of the Union address…
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Letter from Prague
I suppose many of you expected me to talk about the failed presidential election. Well, it seems symptomatic of the post-transitional society that it has stuck to one…
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How oil prices affect Czech economy
Oil prices on world markets have been growing recently mainly due to the political crisis in Venezuela and the looming war against Iraq. Although the oil prices decreased…
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Business News
The cabinet has suspended its discussion of the long-awaited fiscal reform aimed at stopping the growth of the public finance deficit. Pilots working for the Czech…
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A brief overview of economic events expected in 2003
Click here for a brief overview of some of the important economy and business-related events expected to take place in 2003.
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Czech economic growth weaker in 2002 but analysts optimistic for 2003
Extremely low inflation, appreciation of the currency, high demand, growing unemployment and trade gap, and unsustainable increase in public finance deficits - that's in a…
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Business News
Czech central bank recommends adopting euro in 2007. Number of foreign tourists to be 15 pct lower this year. Two thirds of Czechs get lower than average wages. Temelin's…
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Czechs go mobile maniacs
One of the highly popular Christmas presents nowadays is a mobile phone. Although more than 80 percent of Czechs already own a mobile phone, sales traditionally peak…
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Business News
Inflation reaches another all-time low but unemployment causes growing concerns. Efforts to revitalise northern regions worst-hit by unemployment continue. Czech doctors…
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Productivity in Czech Republic remains low but comparable to other countries
According to a recent study, more than 40 percent of working time is spent in an unproductive way in Czech economy. At the same time, managers are rather sceptical as to…
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