Vladimír Tax

When you ask about Czech exports, the most common answer will be beer, trams, cars, machinery, and glass. Few people would know about the less usual yet highly successful…

Czech producer prices grow, so does industrial output. Committee recommends selling Severoceske Doly coalmine to Czech-Slovak investment bank J&T. Czech president signs…

The government has presented a pension reform proposal as the first government since 1989 to have the courage to make any real steps towards what no-one doubts is urgently…

Unemployment rate stagnates at 9.9 percent in November. GDP grows by record 3.4 percent in third quarter driven by household consumption. November marks the end of…

According to the latest data, the Czech economy grew by 3.4 percent in the third quarter, which exceeded all expectations. The consumption-driven growth, however, is…

Wages in the Czech Republic are the second highest out of ten accession countries slated to join the European Union next year. Considering the virtually non-existent…

Central Bank sees higher CPI risks, but not as a problem. SEC launches new system to detect dubious deals. Czech power utility CEZ to bid for Slovak Slovenske Elektrarne…

Many Czech companies believe the business environment has been deteriorating. Bad laws, corruption and insufficient law enforcement are cited as the worst problems.