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The Czech Parliament is voting on a change in value added tax on Friday,
the Czech central bank has launched an investigation into energy supplier
ČEZ in connection with a leak of its earnings report, the carrier CŠA
will start operating regular direct flights to Tel Aviv, as part of an EU
directive 60-watt light bulbs were taken off the market in the Czech
Republic on Thursday, and the Michelin-starred Four Seasons Hotel in Prague
will have a new chef starting October. More
Current AffairsCzech Airlines Pilots Association announces go-slow protest against redundancies to start Monday
The state-controlled carrier ČSA handed out earlier this week a first
round of notices to some of its pilots – a step that the airline’s
management says is in line with its government-approved restructuring plan.
However, the Czech Airlines Pilots Association does not agree with the
layoffs, and has announced a go-slow protest to kick off on Monday. More
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In this week’s business news: Finance Minister Miroslav Kalousek has
presented three different options for state budget cuts, the Labor Ministry
has announced a tender for the new welfare payment cards, direct flights
between Prague and Abu Dhabi will be launched in September, for the third
time this year, a Czech travel agency files for bankruptcy, and a Czech
daily writes that Vietnamese small business owners are often blackmailed
into paying protection money. More
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In today’s business news: The prime minister says that a German nuclear
phase-out could increase domestic energy prices by up to 30 percent, Czech
airlines is to further cut its number of destinations along with its staff,
the Swiss commodity giant Glencore is set to buy up the Czech food and
chemicals conglomerate Setuza, more than half of all Czech households are
not able to save any money, and two new wi-fi trams are being introduced in
Prague. More
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In this week’s Business News: An internet website focussing on bank fees
reports Czech banks charge hundreds of millions in fees per day; the new
‘super employment office’ – aimed at saving operational costs –
begins operation; Czech national carrier ČSA ends a codesharing contract
with Air France; energy giant ČEZ reports the temporary shutting down of a
unit at the Dukovany nuclear power plant; and Škoda Auto places eighth in
a UK warranty company survey. More
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