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In today’s business news: The head of the Erste Group predicts an
economic revival in the Czech Republic for the second half of 2012, foreign
direct investment into the country has reached 2.5 trillion Czech crowns
since 1993, carrier Czech Connect Airlines has filed for bankruptcy, a
SANEP poll finds that the majority of Czechs think the country’s
billionaires are corrupt, and food inspectors have confiscated 2.5 tons of
spring rolls containing mice droppings. More
Business NewsBusiness News
In business news this week: the government approves the 2012 draft budget
amidst concerns over revised economic growth predictions, wages rose by an
average 2.5 percent in the second quarter while the jobless rate remains
essentially unchanged at 8.2 percent. More
MagazineMagazine
As temperatures drop even Prague’s statues are bundling up, former US
secretary of state Madeleine Albright was in Prague this week for the
launch of her book Read My Pins: Stories from a Diplomat's Jewel Box and, a
man wins three quarters of a million on the outcome of the senate
elections. Find out more in Magazine with Daniela Lazarová.
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PanoramaShopping transformed since 1989 though Czechs still lagging behind West in some respects, says ex-Elle editor
Over the last 20 years Czechs have embraced consumer culture in a big way,
with a great number of shopping centres, both city centre and out-of-town,
now dotted around the country. To discuss how the experience of shopping
has been transformed – and how range and price now compare to other
countries – I met up with former Elle editor Jana Cíglerová at
Prague’s Palladium shopping centre, a short walk from Wenceslas Square.
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MagazineMagazine
The fugitive Czech businessman Radovan Krejčíř is thumbing his nose at
the Czech authorities – from the page of new calendar promoting luxury
cars. Got any spare orchid roots? Make a handbag! And, yes ma’am! The
town where women call the shots. Find out more in Magazine with Daniela
Lazarova. More
Business NewsBusiness News
In Business News this week: Hundreds of Czechs are laid off as firms are
hit by the strength of the crown; household electricity prices are set to
rise again; Prague readies itself for one of the biggest urban development
projects the country has ever seen; Burger King is expanding into the Czech
market; there are over 17,000 dollar millionaires in the Czech Republic,
and retro Tatra cars make a comeback.
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Business NewsBusiness News
In Business News this week: the Czech economy grew by a record 6.5 percent
last year; as the crown sets even more record highs to the dollar and euro,
the governor of the central bank says he is puzzled by the Czech
currency’s strength; Czech firms paid out record dividends in 2007, with
over two thirds going abroad; Petr Kellner is now among the richest 100
people in the world; food exports have grown considerably; and a food
quality system is proving beneficial for Czech producers.
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MagazineMagazine
A priest tells his parishioners: sorry, I've fallen in love. Czechs are
playing a crazy new sport -woodkopf. And, clearing the way for Santa: an
owl drops down the chimney of a restaurant in Zatec. Find out more in
Magazine with Daniela Lazarova.
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