Related articles
Business NewsBusiness News
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: 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
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
Current AffairsRise in unemployment especially problematic for graduates and unemployed persons over 50
More than 500,000 Czechs are currently out of work, with the rate of
unemployment growing from 8 percent in November of last year to 8.6 percent
in December. While a jump in unemployment figures is not unusual for this
season, experts warn that the growing number of persons aged 50 and over
who find themselves out of a job and with little chance of getting hired
poses a serious long-term problem for the economy. Former finance minister
and Raiffeisenbank’s chief economist Pavel Mertlík speaks about expected
labor market developments for 2012. 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
Current AffairsSurvey suggests a fifth of Czech companies will introduce layoffs in 2012
For many people 2012 promises to be a tough year or at least one of big
changes: a new survey by the Czech Chamber of Commerce has suggested that
every fifth company in the Czech Republic is planning layoffs in reaction
to the slowing economy – some letting go hundreds, while others will cuts
jobs for dozens of employees. More
+1
+10
