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In Business news this week: the Czech Republic is counting the costs of the
flash floods hitting northern Moravia; the Czech Nation Bank keeps its key
interest rate unchanged; a new runways at Prague’s Ruzyně Airport
promises around 17,000 jobs; energy giant ČEZ is going to build a new
gas-fired power plant; and the Investor of the Year awards are handed out.
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Business NewsBusiness News
In Business News today: how production braked in the auto sector; good and
bad news on inflation and jobs; a new turn in a massive clean-up tender;
Vietnamese skills come to the fore; and the battle over the television tax.
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Business NewsBusiness News
In Business News this week, Škoda Auto looks to Saturday working; foreign
workers’ visa freeze; Prague airport privatisation problems; Czech
agriculture’s new master; hiring and firing dismissal overhaul still on
course; and the developing taste for non-alcoholic beer.
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Current AffairsVolatility of crown problem for Czech firms, says Škoda executive as fall of government raises questions over euro adoption date
One consequence of the fall of the government last week is increased
uncertainty over when the Czech Republic will adopt the common European
currency. A target date for joining the euro had been promised for
November, but the cabinet that made that pledge will probably be long gone
by then. More
Letter from PragueApartment hunting in Holešovice
The economic crisis is hitting hard. Every day, fresh numbers show what
branch of the industry is in trouble, what exports have dropped, and how
much the unemployment rate has risen, again. But looking to buy real estate
gives you a very different perspective on those figures. Although I’m far
from enjoying the crisis, there is one particular number I really want to
see as low as possible. It’s the price of apartments in Prague.
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Business NewsBusiness News
In Business News this week, car producers rev up at the Geneva auto show; a
major arms contract is finally sealed; the government’s anti-crisis
programme drives on; the mobile phone market slows; but the only way is up
for power giant ČEZ.
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Business NewsBusiness News
In Business News this week: an extraordinary media intervention by the
national bank; Škoda Auto steps up a gear; Green Cards look less rosy;
another high speed rail link is mooted; a new contender is linked to Czech
Airlines’ sale; and farmland disappears fast from the map.
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