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Business NewsBusiness News
In this week’s Business News: the Czech Republic finds itself in a
recession; women are earning a quarter less then their Czech counterparts;
bankruptcy declaration reach a four year high; computer sales are set to
soar in 2012 and a new law is giving the government the muscle to tackle
shady employment practices. More
Business NewsBusiness News
In this week’s Business News: the most absurd bank fee is announced; a
study finds that a third of young Czechs are working flexible hours; fears
that eurozone unemployment could hit Czech exports; the Finance Ministry is
seeking to lure investment funds into the country and Czech Railway
cutbacks mean fewer train conductors. More
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
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