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Business NewsBusiness News

25-05-2012 16:34 | Jan Richter

In Business News this week: Czech government approves austerity measures but might run into problems securing EU funds; PM Nečas speaks of the consequences a Greek exit from the eurozone would have on the Czech Republic; the biggest Czech betting firm Tipsport buys its competitor; Czechs smoke less and most of them want a ban on smoking in public spaces; Czechs lie in their CVs more than other nations. More

Czech HistoryCommunism only postponed Czechoslovakia’s end, historian Jan Rychlík says in his new book

19-05-2012 02:01 | Jan Richter

Czechs and Slovaks spent most of the 20th century in one country, Czechoslovakia. Ever since its foundation, however, each nation had a different idea of how the country should work, and what their role in it should be. In his new book entitled Czechs and Slovaks in the 20th Century: Cooperation and Conflicts, historian Jan Rychlík argues that Czechoslovakia was in fact bound to fail as a state, and that communism only postponed its inevitable end. More

Business NewsBusiness News

18-05-2012 10:50 | Jan Velinger

In Business News: the Czech economy contracts by 1.0 percent in the 1Q, the second-worst result among 19 EU states; the country’s ombudsman slams the government’s social system reforms, saying they have left thousands on the brink of poverty; the price of Czech garlic is set to go up; Czechs are budgeting more carefully and buying less when shopping in supermarkets than in previous years. More

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