articles by the author
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Big companies plan massive layoffs
The Czech jobless rate is getting close to an all time high and experts predict the rise will continue in the future. Several large Czech companies have announced massive…
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CSA celebrates 80th anniversary of first flight
It is now 80 years since Czechoslovak national airlines launched its regular service, becoming one of the world's first air carriers. The first flight, from Prague to the…
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Business News
Labour Ministry expects real wages to rise 2.5 pct in 2004. IT minister hopes Telecom sale will boost Internet usage. Statistics Office releases revised GDP figures. Czech…
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Czech economic confidence indicator at six-month high
Overall economic sentiment in the Czech Republic improved in October to its highest level in six months. The composite confidence indicator, as calculated by the Czech…
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Interests rates hit bottom, likely to rise
The Czech Republic has been enjoying extremely low interest rates with the consequent credit boom. This is due to virtually non-existent inflation but analysts warn that…
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Revised GDP figures show Czech economy in better light
The Czech Statistics Office has released a revised series of gross domestic product figures for the years 2000-2002. The revision puts the Czech Republic's troubled public…
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Sports News
Sparta Prague beats Besiktas Istanbul 2-1 in the Champions League. Czechs are doing well at Swiss Indoor championship. Latest ice hockey Extraliga results.
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Business News
Czech Republic records first trade surplus in 18 months. Government to change VAT rates again. UK's International Power bids for a Czech coal-mining company. Sharp…
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Sports News
In today's edition: Teplice edge Kaiserslautern in UEFA Cup / Damkova makes history as first Czech female ref in First Division / Koller scores twice in Bundeslige match…
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Company Rating project to help small companies obtain credit
Small and medium-size enterprises have often complained about difficulties obtaining credit from banks. This should change with the introduction of a new project called…
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