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The Czech Republic got 31 billion more than it gave from the EU in 2011;
15.6 billion may have to be returned to the EU due to errors in subsidies
use; petrol prices continue to reach new records; banks plan to open dozens
of new branches in 2012; Social Democrats propose bills to decrease
household indebtedness. More
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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
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In this week’s Business News: the transport minister’s resignation is
met with relief by some members of the country’s construction sector,
fuel prices reach an all-time high, the Czech Republic contributes over 65
million Czech crowns to an international fund for a protective shield
around one of Chernobyl’s reactors, the labor ministry plans to introduce
a new electronic payment system for pensions and for the first time, a
woman takes first prize at the Czech Manager of the Year Awards. More
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In this week’s Business News: AAA Auto seeks to roll out in Russia,
president attacks pre-emptive pension reform, L-159 lined up for first
foreign sale, picture still gloomy for DVD sales, and fewer forged notes
and coins found in country. More
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