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Business NewsBusiness News

07-10-2011 15:55 | Pavla Horáková

Photo: stock.XCHNG The Czech government’s pilot bond issue is sold out weeks ahead of deadline; long-term unemployment rate drops in the second quarter of 2011; the budget deficit reaches almost 80 percent of 2011 projected figure; next year’s state budget draft proposes public service job cuts; dozens of solar power companies demand compensation from Czech government. More

Current AffairsNew yellow trains take on king of the rails

27-09-2011 14:37 | Christian Falvey

Photo: Student Agency It was an historic day for commuters Monday as the first RegioJet train rolled on to the tracks, the first ever challenge to the state-owned Czech Railways. Though the brand new RegioJet has only three trains, travellers from Prague to Ostrava or vice versa now have a choice of services for the first time, and it looks like the competition is going to get interesting. More

Business NewsBusiness News

05-08-2011 15:46 | Jan Velinger

In Business News: Prague bourse sees trading drop in face of worries over new economic downturn; Czech Railways weighs the controversial purchase of 16 new trains at the cost of five billion crowns; leading commercial vehicle manufacturer DAF acquires a 19-percent stake in Tatra trucks; sources report that at least two firms have applied to launch exploratory operations in search of new shale gas reserves. More

PanoramaU Salvátora, the tiny Prague spice shop where time seems to stand still

07-07-2011 14:24 | Ian Willoughby

Hidden away on a narrow street in the Old Town, between Betlémské náměstí and the river, you will find a Prague institution. U Salvátora, a tiny kořenářství (spice shop), has been selling seasoning to the city’s residents for several decades. Indeed, entering the fragrant store feels very much like going back in time. More

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