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Business NewsBusiness News

10-02-2012 15:09 | Jan Velinger, Christian Falvey

In Business News: The government debt has reached almost 40 percent of the GDP; unemployment in January rose to 9.1 percent; the Czech state loses an estimated 25 to 30 billion crowns every a year on account of tax evasion; union representatives have rejected a 2.5 percent salary bump offered by car manufacturer Škoda Auto; the sale of winter clothing and apparel – including winter wear for dogs – has jumped markedly in the cold snap. More

Business NewsBusiness News

06-01-2012 15:34 | Sarah Borufka

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

One on OneVít Klepárník of new think tank CESTA: left should no longer be a dirty word

02-01-2012 13:43 | Jan Richter

Vít Klepárník A group of Czech intellectuals including political analyst Jiří Pehe, sociologists Jan Keller and Tereza Stöckelová, and others, felt that ever since the fall of communism, political discourse in the country has been dominated by a right-wing agenda, articulated by a number of liberal and conservative institutes. To provide alternatives and to oppose these views from a left-wing wing perspective, these intellectuals established in January a new political think-tank called Cesta, or Path. In this edition of One on One, RP spoke to one of Cesta’s founders, political analyst Vít Klepárník. More

Current AffairsCzech MPs approve direct presidential election

14-12-2011 16:32 | Jan Richter

After years of debate, the lower house of the Czech Parliament on Wednesday voted in favour of direct presidential elections. A last-minute deal between the coalition and the opposition Social Democrats ensured sufficient support for the motion; if approved by the Senate, it will allow Czechs to elect their president directly for the first time in 2013 when Václav Klaus leaves office. More

Current AffairsPlan to save euro met with mixed reactions among officials and pundits

12-12-2011 15:06 | Pavla Horáková

While the Czech Republic has not yet made a final decision as to whether to contribute 3.5 billion euros to the IMF package intended to save the common European currency and the eurozone, the Czech Foreign Minister says the country can either join the majority of EU countries in their efforts and remain in the centre of further integration, or face marginalization in the union. More

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