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30-12-2011 15:33 | Jan Richter

In Business news this week: Czech crown falls to its lowest to the dollar since July 2010; Česká spořitelna withdraws from legal battle over bankrupt lottery firm Sazka; Czech foreign debt reaches 49 percent of GDP; sales of alcoholic beverages took another slump this year; and Czech Republic’s Vietnamese community launches its own discount website. More

Business NewsBusiness News

30-09-2011 15:35 | Christian Falvey

The new kid on the rails is already looking further afield; Česká spořitelna sues to cancel Sazka tender, unsuccessfully; the government approves ambitious competitiveness strategy for 2012 to 2020; foreign debt rises by 32.2 billion; 15 years of GDP revised to account for drugs, prostitution. More

Current AffairsAssociation warns ATM card users to be extra vigilant in light of new theft cases

14-12-2010 15:31 | Jan Velinger

The Czech Bank Card Association has warned ATM card users that fraudsters in Prague have come up with a new method of ripping-off bank accounts: it has come to the light that there were several incidents in the capital in November when a taxi driver quietly switched a customer’s bank card he had been handed, for someone else’s, later making a withdrawal. It is unclear how many times the scenario was repeated but at least one such case is now under investigation by the police. More

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