Long queues have been forming at labour offices around the country with people complaining about delayed welfare payments. Employees have been struggling to deliver welfare payments after the system they had been using since 2012 was unexpectedly shutdown. They have gone back to using a previous system which is outdated and slow. Meanwhile, Labour Ministry officials and representatives of the firm Fujitsu Technology Solutions are meeting to debate the legal implications of the decision to shut down the welfare payments system which the company had provided since 2012. The company won a contract on running the system but the Czech anti-monopoly regulator last year cancelled the tender over breach of rules. The Labour Ministry says Fujitsu had no reason to act rashly since its system could have remained in operation on the grounds of an addendum to the contract signed.
The Bulgarian energy regulator has ordered an inspection into pricing at the Czech energy distributor ČEZ and the Austrian EVN in the wake of growing complaints from the public. People claim their electricity bills are excessively high and accuse the distributors of overpricing. A similar inspection was ordered last year under threat of revoking ČEZ’s license but the inspection uncovered no irregularities. The Czech power giant ČEZ said late last year it would appeal a decision by the Bulgarian energy regulator to cut energy prices for consumers from January 2014. The Bulgarian State Energy Commission had announced a plan to reduce electricity prices for Bulgarian households by one per cent starting January, at the same time cutting the night-time rate by 10 per cent and electricity prices for industrial consumers by 1.5 per cent.
The Czech Republic´s top banker has gladly taken the praise awarded him by his international audience for the central bank's audacious foreign currency intervention to push the crown lower. But Czech National Bank governor Miroslav Singer admits assessments of the move will not really be possible until the impact on inflation becomes clearer.
Labour Ministry officials and representatives of the firm Fujitsu Technology Solutions are to meet on Monday to debate the legal implications of the decision to shut down the welfare payments system which the company had provided since 2012. The company won a contract on running the system but the Czech anti-monopoly regulator last year cancelled the tender over breach of rules. Labour offices are now struggling to deliver payments using a previous, now-outdated system and the Labour Ministry says Fujitsu had no reason to act rashly since its system could have remained in operation on the grounds of an addendum to the contract signed. The Labour Ministry has warned that thousands of people could get their welfare contributions late.
Czech National Bank governor Miroslav Singer has been voted European central bank governor of the year for 2014 by The Banker magazine, according to the bank’s spokesperson Marek Petrus. The Czech central bank governor was reportedly elected for his decision to launch interventions on foreign currency markets in order to weaken the crown in view of maintaining monetary stability and revitalizing the economy.
The outgoing Czech government on Thursday postponed a decision on prolonging a lease of Gripen fighter jets for the Czech Air Force, the Czech defence minister said. The decision will be made by the new cabinet in the coming months. The government was planning to lease 14 aircraft until the year 2027 for an annual fee of some 69 million US dollars. The Czech Republic first leased the Swedish-made fighter jets in 2005.
The average price of mobile calls in the Czech Republic dropped nearly 20 percent last year to 1.78 crowns, or 9 US cents per minute, according to figures released by the Czech telecommunications regulator. The decrease is ascribed to the introduction of unlimited tariffs by the three major Czech mobile phone operators, as well as to the arrival of virtual operators. Over the last five years, the average mobile call cost was cut by more than a half; in 2005, the average price per minute was 4.65 crowns.
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