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Current AffairsCzech Republic far from immune to the global financial crisis

06-10-2008 15:31 | Dominik Jůn

EU leaders met late last week to develop a European strategy to combat the global financial crisis, and the Czech Republic too is set to tighten its belt in many key areas. Dominik Jun spoke with economist Tomáš Sedláček and began by asking him whether recent comments by Finance Minister Miroslav Kalousek that the county was in fact an “oasis” protected from the current crisis were true:  More

Business NewsBusiness News

12-09-2008 16:08 | Ian Willoughby

In Business News this week: Czech business leaders, feeling the squeeze of the strong crown, call for a euro adoption target date – not this year, says the government; Prague Airport is shedding a 10th of its workforce ahead of its planned privatisation; the Czech Republic ranks among the worst states in an international study of how long it takes to deal with taxes; the number of debit and credit cards issued by Czech banks keeps increasing; and two Czech firms rank in the first five in a regional Top 500.  More

Business NewsBusiness News

01-08-2008 15:52 | Ian Willoughby

In Business News this week: the price of some flats has begun falling in parts of the Czech Republic, according to press reports; the most common car on Czech roads is the Škoda Felicia, though the number of domestically produced autos owned by Czechs has fallen in recent years; operators of multiplex cinemas are increasingly looking to the regions as the market in Prague becomes saturated – though audience numbers have fallen significantly; and goat farming is becoming more common due to subsidies and demand for organic food. More

Business NewsBusiness News

18-07-2008 16:42 | Rosie Johnston

In Business News this week: the reduction in Russian oil deliveries continues, leading Czechs to look for alternatives; the Senate has passed pension and sick pay reforms; rail operator České drahy has been fined for stifling competition, and Volkswagen is considering building its Up! mini-car in Eastern Bohemia.  More

Business NewsBusiness News

30-05-2008 17:24 | Dominik Jůn

This week in Business News: The government is to support Škoda producing regions, Czech Airlines struggles with high fuel costs, Czechs are starting to shop for cheaper groceries in Germany, household debt growing faster than savings and gas prices are set to skyrocket next year.  More

Business NewsBusiness News

16-05-2008 16:02 | Dominik Jůn

In Business news this week: Climbing the rankings of competitive nations; why Czechs are making so much plastic; a quarter of Czech children posess bank accounts; film producers angry about lack of progress of tax-incentives and Škoda wins a bid to continue to supply police-cars in the country.  More

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