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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
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In business news today: household energy prices to grow in coming months;
Slevomat.cz buys share in Hungary’s Bónus Brigád; Czech Post expects
rise in profit compared to 2011; Construction sector expects crisis to
deepen. More
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In Business News this week: the economy slows down suggesting even bleaker
outlooks; the Czech crown loses its lustre for investors; Czech banks lose
billions in the Greek debt crisis; President Klaus vetoes a bill
introducing criminal liability for corporations; firms increasingly
introduce loyalty programmes to keep customers; and Czech Post will launch
“great parcel revolution”. More
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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
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In Business News: the Czech registry OTE will remain closed for at least
six weeks following unauthorised trading; consumers stand to benefit from a
price war between power companies; the Czech mortgage market grew by 15
percent after two-year decline; the Czech insurers’ Association
investigated more than 5,000 suspicious insurance claims last year. More
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