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Current AffairsEuropean Commission report urges original EU countries to rethink labour restrictions
The European Commission has just released a report on employment urging
original EU members to ethink restrictions on the movement of labour from
new EU countries. The report was prepared by EU Commissioner and former
Czech Prime Minister Vladimir Spidla. It has been nearly two years since
the EU expanded to include former communist bloc countries like the Czech
Republic, but only three - the United Kingdom, Ireland, and Sweden -
opened their labour markets outright. Although estimates show that the
number of new migrant workers has been fairly high, there hasn't been an
"alarming" surge of cheap workers that some countries had
feared. Jan Velinger spoke to David Kral of Europeum, a think-tank on
European issues, asking him how he saw the experience of the past two
years.
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Current AffairsEU commissioner Mandelson discusses open trade in Prague
Britain's EU commissioner for trade, Peter Mandelson, came to Prague on
Tuesday to hold a speech at an international business conference. Before
the event, Mr Mandelson met members of the Czech government to discuss -
above all - economic issues.
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Current AffairsEC President unveils Plan-D in Prague
A European Commission delegation led by its President Jose Manuel Barroso
is currently touring EU member states with an initiative aimed at bringing
the European Union closer to its citizens and overcoming the crisis brought
on by the rejection of the EU constitution by the French and Dutch. Mr.
Barroso's first stop was in Prague, where he unveiled a so called Plan-D,
which, he said, should show the way forward.
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Current AffairsWhen high earnings mean low pensions
The Czech state pension system is among the most generous in the European
Union, and indeed the developed world -- at least for those retirees who
were below-average earners during their working years. But according to a
recent analysis of state pension systems, only in the United Kingdom do
high-wage earners get back less in their golden years than do their Czech
counterparts. More
Business NewsBusiness briefs
Encouraging economic growth results. Price hikes expected in the summer. Interest rate cuts on mortgage loans. Unemployment rate drops due to seasonal work. Apple Computer to open shop in Czech Republic. Czech Republic benefits from EU membership.
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Business NewsBusiness briefs
Managers of state-run companies refuse to disclose personal assets in
Hospodarske Noviny survey; EU Commission investigating Czech state's
purchase of Ispat Nova Hut shares; Oskar Mobil secures '3G' licence;
Finance Ministry looking to increase corporate pension-fund contributions;
Unipetrol reports pre-tax profits in all key units; Lufthansa to open call
centre in Brno; Hotel revenue up 12 percent
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