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Business NewsBusiness News
In Business News this week: the government approves a far-reaching fiscal
consolidation plan to reduce the state budget deficit, a drop in deliveries
of Russian crude oil to the Czech Republic triggers speculation of a plan
to up the price and Škoda Auto posts record sales. More
Current AffairsBusiness analyst: government’s austerity plans should not undercut growth
The government on Wednesday approved far-reaching austerity plans to
gradually lower the gap in public finances to well below 3 percent of the
GDP. The strategy combines savings and tax hikes that are expected to
impact all strata of society. Radio Prague asked business analyst David
Marek whether such extensive austerity measures were called for and who
would bear the brunt of the fiscal reform. More
SpotlightThe Sázava Pacific
434.2186 is the number of a famous historic locomotive that has appeared in
countless Czech films including "Páni Kluci" about Tom Sawyer and
Huckleberry Finn, a favourite among children and adults. Last Saturday
visitors to Prague's Main Station were able to see the jet-black steam
engine prepare for a rare but much anticipated journey along part of one
of the most picturesque routes in the Czech Republic. More
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