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In Business News this week: The current Czech recession equals in length
the longest previously recorded; the industry minister says the government
will look into the issue of excessively high prices set for solar power;
Becherovka loses CZK 100 million due to a spirits ban; and art collectors
have spent in CZK 5.4 billion at Czech auctions in the last decade. More
Business NewsBusiness News
In Business News this week: The Czech Ministry of Finance cuts its growth
outlook for the year to almost zero; fresh figures show 7.2 percent of
Czechs were jobless in Q4 2012; passenger numbers and flights were down at
Prague airport last year; spas report a halving of business in just three
months; and experts say luxury flats in Prague have maintained their value. More
Business NewsBusiness News
In Business News this week: Czech government planning to stimulate growth,
approved financial constitution, health insurance companies are falling
into debt, and the national brand label “České pivo” increasingly
popular with Czech brewers.
More
Business NewsBusiness News
In this week's Business News: the government reduces its forecasts for
deficit reduction; the Finance Ministry predicts slower growth; Moody's
affirms the Czech Republic's stable rating; Koh-i-noor is to purchase a
French gas company; the country's water management authority commissions a
study into a massive canal project and the country's construction sector is
hit by the weak economy. More
Business NewsBusiness News
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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