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Business NewsBusiness News
In this week's Business News: analysts say the PM's prediction of up to 8
percent GDP growth in the first quarter is realistic; consumers spending
was up 8 percent in February; a Czech company is to launch the country's
first private express train; over five billion crowns remains in anonymous
bank book accounts at Ceska Sporitelna; the two sides in the Budweiser name
dispute come to a settlement for the first time; the number of 50-crown
coins in circulation has risen sharply; and Barrandov is building the
biggest sound-proof film studio in Europe.
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Business NewsBusiness Briefs
The Toyota-Peugeut-Citroen automobile plant (TPCA) in Kolin, east Bohemia,
is in line to produce 300,000 cars per year; Russian President Vladimir
Putin has indicated some of Russia's oil profits could be reinvested in
the Czech Republic in areas of science and culture; Cesky telekom will
merge with subsidiary Eurotel to form Telefonica O2.
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Business NewsBusiness briefs
Deputies pass bill allowing 72m crown bond issue to cover budget deficit,
reject proposals to eliminate investment incentives, restrict shop hours;
London-based think tank CEBR names Prague best 'region' of the 233 in
Europe in which to do business; Former Finance Minister Ivo Svoboda fails
to turn up at prison; Anti-Monopoly Office accuses three banks (CS, KB,
and CSOB) of concluding cartel on fees; Unions hold back on railway strike
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MailboxMailbox
This week in Mailbox: Listeners' response to Radio Prague's coverage of the
tsunami disaster in South Asia, what to do if an email sent to Radio Prague
bounces back, Radio Prague's January competition question. Listeners
quoted: T. Jaisakthivel, Rabi Sankar Bosu and K. Thiagarajan, all from
India.
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