Archive: Business | Finance Finance
Business News
In this week's Business News: Czech Airlines to shakeup its flights for the
winter season; Komerční Banka reports an increase in profits; household
earnings fall for first time since 1993; the country's anti monopoly
authority upholds a fine against a local water company; the Czech National
Bank revises its economic forecast and the ČNB also keeps interest rates
at 0.5% More
Aleš Rod, an Expert Analyst at the bank fee watchdog website Bankovní Poplatky
My guest today is Aleš Rod, an Expert Analyst at Bankovnipoplatky.com,
which translates as ‘Bank Fees’. Welcome to the studio and thank you
for joining us. So tell me about Bankovní Poplatky, what exactly is it? More
Business News
In this week’s Business News: Czech economic confidence takes fresh hit;
Škoda reports strong sales and increased profits; the government is to
increase the country’s petroleum reserves; Unipetrol reports significant
losses; a survey finds that cleaners and politicians are the Czech
Republic’s least prestigious professions and a Finance Ministry report
says that taxing betting winnings is not viable.
More
Business 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 News
In this week's Business News: Škoda defies the weak economy with record
car sales; the Czech Transport Ministry says it will accept financial
claims caused by the vehicle registration meltdown; summer storm damages
reach half a billion crowns; Czech debt reaches 1.6 trillion despite
austerity; inflation rises in June and Czech Railways selects companies for
train maintenance contract.
More
Energy firm ČEZ gets three bids for Temelín nuclear plant expansion
The biggest public procurement project ever held in the Czech Republic
entered a new stage when earlier this month, the state-owned energy firm
ČEZ received three bids to build two new blocks at the Temelín nuclear
plant. The winning bid should be announced next year, while the project,
estimated to cost between 200 and 300 billion crowns, should be finalized
by 2025. More
Business News
Regional Development Ministry says system of drawing EU funds is fixed;
external debt grew by 33.7 billion in first quarter; household indebtedness
grew by 3.6 billion from April to May; Nečas says impacts of EU summit
measures will be limited; Czech National Bank cuts interest rates by
quarter percent. More
Business News
In Business news this week: Czech public debt is the second smallest in the
EU but the gap widens between the country’s GDP and EU average; Škoda
Auto seeks factories to produce its new SUV model; government plans to cap
salaries of state-owned firms; Czech Post suspends deliveries to Syria; and
a new study predicts how many medals Czech athletes will win at London
Olympics. More
Business News
In Business News this week: Czech economy contracts less than previously
expected in the first quarter of this year, with more new jobs in May;
lawmakers end the monopoly of Czech Post; new study finds how much dropping
education standards cost the economy; a coal war breaks out between Czech
billionaires; and a new glassworks opens in Světlá nad Sázavou. More
Business News
The manufacturing sector hits its lowest point in three years; the
government approves legislation banning anonymous bearer shares; the
Finance Ministry expects the public finance deficit to drop to 3% GDP this
year; new law on emission fees ratified; the Czech Republic’s
international competitiveness slips for the third year. More
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