Archive: Business | Employment Employment
Business News
In this week’s Business News: The grey economy in the Czech Republic is
estimated to be 16% of the GDP; Average fuel prices have gone done for the
fifth week in a row; The Czech energy company Enrgo-Pro has been fined by
the Bulgarian anti-monopoly agency; Unemployment sees a small decline to
7.7% in April, due to more seasonal positions; A group of international
solar energy investors have filed an arbitration suit against the Czech
Republic; Czech and Poles want to oppose planned EU legislation curbing
cigarette sales. More
Poll: majority of Czechs blame foreigners for loss of jobs
A new survey released by the STEM polling agency suggests that Czechs, in
troubled economic times, largely blame foreigners for the loss of jobs.
According to the poll, two-thirds stated there were ‘too many foreigners
in the country’ (there are an estimated 438,000) while 45 percent said
they were against foreigners being hired. Are jobs actually at threat or is
the sentiment xenophobia plain and simple? More
Business News
This week in Business News: The construction sector in the Czech Republic
is expected to restart growth in 2014; Škoda Yeti was voted the most
popular car by British car owners; ČEZ has asked two remaining contenders
in the Temelín expansion deal to submit better offers; Economic confidence
is down in April, after two straight months of improvement; The Federation
of Food and Drink Industries wants to introduce stricter rules on product
labeling; Trade unions and employers reach no agreement on minimum wage
increase. More
Business News
In the Business News this week: Korean Air completes deal for 44-percent
stake in CŠA; jobless rate falls for first time in nine months, but only
slightly; labour costs in Czech Republic are below half EU average; car
production slows; mobile operators are offering new low monthly prices for
unlimited calls; and forest owners want state compensation for recreational
use of land. More
Business News
In Business News this week: government plans to tighten rules for firms
bidding for public contracts; Parliament releases parties’ accounts for
2012; Telefónica considers selling stake in Czech division; new film
incentives programme attracts foreign productions; women’s salaries grow
faster than men’s; and every other Czech would struggle to pay unexpected
expenses of 15,000 crowns. More
New recruitement site helps women find jobs that leave time for family
The Czech Republic has been experiencing a sort of mini baby boom for the
past six or so years, with one of the first generations of well-educated
Czech women deciding to put off motherhood until their thirties. These
mothers, who had held high-level jobs, travelled around the world and
started their own businesses before having their first child, have
initially enjoyed the government-subsidized maternity leave, but for many
of them this benefit turned into a burden. More
Business News
In Business this week: Korean Airlines bid for a 44 percent stake in the
Czech national carrier Czech Airlines, hackers attack the websites of
leading Czech banks and the Prague Stock Exchange, there has been a further
growth in unemployment and a drop in spirits sales in the wake of last
year’ s methanol poisonings. More
Czechs face biggest unemployment rate since Great Depression
Unemployment in the Czech Republic hit a record high at the start of the
year. January saw close to 590,000 people out of work, the worst
unemployment rate since the Great Depression in the 1930s. The government
says this is largely the result of external factors, but critics and trade
unions claim the government’s ill-conceived austerity measures have
undercut growth. More
Business News
In Business News this week: The Czech economy is passing through the lowest
point of the recession, says the head of the central bank; the EC predicts
the Czech economy will stagnate in 2013; CEZ and Czech Coal are reported to
be close to a deal worth a whopping CZK 200 billion-plus; 40,000 Czech
customers file a class action for the return of bank charges; and a fifth
of Czech medicines are being resold in more expensive markets. More
Business News
Business news from the past week: ČNB released a new prognosis for GDP
growth for 2013; Unemployment figures are up again in January; Russian and
Chinese tourists boost profits for luxury items retailers in Prague;
Russian bank Sberbank set to open Czech branches; ČEZ has filed
international lawsuit against Albania; Fuel sale regulations bill passes
through the first reading in the lower house. More
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