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In this week’s business news: Czech GDP growth slows in the second
quarter of 2011, the Prime Minister admits that raising the lower VAT rate
to 19 percent in 2012 is a possibility, Student Agency’s RegioJet
launches its ticket sales for the Prague-Ostrava route, Škoda Auto saw a
sales growth of 18.3 percent in the first eight months of 2011
year-on-year, and the Czech Republic slips two notches in the WEF Global
Competitiveness Report. More
Business NewsBusiness News
The Czech Parliament is voting on a change in value added tax on Friday,
the Czech central bank has launched an investigation into energy supplier
ČEZ in connection with a leak of its earnings report, the carrier CŠA
will start operating regular direct flights to Tel Aviv, as part of an EU
directive 60-watt light bulbs were taken off the market in the Czech
Republic on Thursday, and the Michelin-starred Four Seasons Hotel in Prague
will have a new chef starting October. More
Business NewsBusiness News
In this week’s business news: the government moves to shift the burden
from direct to indirect taxation, Standard & Poor’s raises Czech
sovereign ratings, Trade and Industry Ministry statistics reveal a drop in
FDI and the Czech Mint reports a surge of interest in investment gold. More
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