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In this week’s business news: Prime Minister Petr Nečas announces
estimated additional cuts of 26 billion crowns to the state budget; a Czech
MEP has praised the country’s refusal to join the fiscal compact; the
Agriculture Minister is set to dismiss the CEO of a state-owned brewery;
the country’s nuclear energy exports reach a record level; and, a poll
finds that the majority of Czechs consider the current economic situation
poor indeed. More
Business NewsBusiness News
In today’s business news: Consumer prices have risen by 4.7 percent
following a VAT hike, the American Anheuser-Bush purchases the
Budějovický měšťanský brewery in hopes of improving its chances in an
ongoing trademark dispute, public health insurer VZP may see a budget
deficit of up to three billion Czech crowns in 2012, regular and diesel
fuel reach record prices, and the forecast for the Czech construction
sector for 2012 is the worst among the Visegrad Four. More
Business NewsBusiness News
In this week’s business news: An increase of the lower category VAT has
gone into effect, Czech online discount sites see steep increases in sales,
hard liquor consumption is on the decline, Škoda Auto has sold a record
number of cars in 2011, and the Czech Agriculture and Food Inspection
Authority says that 15 percent of food products it inspected in 2011 failed
to meet its quality standards. More
MagazineMagazine 2011
In Magazine: a bride spends her wedding night in a drunk tank, Czechs
sample cocktails in the form of a snack, a communist councilor turns up the
heat with nude pics and finally – the real golden brew -beer containing
24 carat gold. More
Business NewsBusiness News
In Business news this week: Czech crown falls to its lowest to the dollar
since July 2010; Česká spořitelna withdraws from legal battle over
bankrupt lottery firm Sazka; Czech foreign debt reaches 49 percent of GDP;
sales of alcoholic beverages took another slump this year; and Czech
Republic’s Vietnamese community launches its own discount website. More
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