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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
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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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The procurement market sank by 100 billion in 2011; the production of
passenger cars hits a record; farmers prepare for blockades; the Finance
Ministry forecasts nearly three percent growth for 2015; the Central bank
keeps interest rate at record low. More
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