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Business NewsBusiness News

16-09-2011 15:59 | Daniela Lazarová

In this week’s business news: the unexpected resignation of ČEZ CEO Martin Roman, the opening of the first gas pipeline between the Czech Republic and Poland, the Czech Finance Ministry to launch a pilot issue of retail bonds and Czechs increasingly sceptical with regard to the future of the Eurozone. More

Current AffairsFuture of massive clean-up tender uncertain

14-09-2011 15:34 | Jan Richter

The future of the Czech Republic’s largest public tender is uncertain after the Finance Ministry revealed that three firms had bid between 57 and 65 billion crowns to remove environmental damage inherited from the communist regime. Prime Minster Petr Nečas, as well as several other cabinet ministers are increasingly receptive to arguments by the project’s critics who warned the tender might become the country’s “largest single corrupt deal”. More

Current AffairsTowns get new powers in fighting air pollution

07-09-2011 16:31 | Daniela Lazarová

The lower house of parliament on Tuesday gave final approval to a bill which will provide local administrations with the means to fight air pollution more effectively. In the event of a smog alert mayors can order the biggest pollutants to scale down production, ban high-emissions cars from city centres and scrap toll on ring roads in order to reduce the amount of traffic. Town mayors and environment activists had long been pushing for the amendment and Radio Prague asked Vojtěch Kotecký from Friends of the Earth how effective he thinks it will be in practice. More

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