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Business NewsBusiness News
In Business News this week: the Central Bank says it may cut interest rates
further, the Czech Republic’s fourth biggest beer producer Budějovický
Budvar is bringing out an 11 percent brew and hobby markets in the Czech
Republic are doing good business despite the crisis.
More
Current AffairsEU, China relations appear back on track after Prague summit
The European Union and China came together in Prague on Wednesday in an
attempt to launch a new phase in mutual relations. Although no major deals
were sealed in the Czech capital, the summit set the stage for cooperation
in addressing the global economic crisis, trade and climate change. More
Business NewsBusiness News
In Business News this week: the IMF predicts a shrinking economy; no date
with the euro for now; fair or foul scrap incentives; the sun rises on
Czech solar power; and why to feel sorry for the car dealer.
More
Current AffairsVolatility of crown problem for Czech firms, says Škoda executive as fall of government raises questions over euro adoption date
One consequence of the fall of the government last week is increased
uncertainty over when the Czech Republic will adopt the common European
currency. A target date for joining the euro had been promised for
November, but the cabinet that made that pledge will probably be long gone
by then. More
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