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Analysts: Growing external demand to support industry

Since September 2015, industrial production has been negatively influenced by the shutdown of operations in the Dukovany nuclear power plant and in the segment of ... more >>

Beer-friendly Babiš: I’m no populist

Finance minister Andrej Babiš (ANO) is pushing a plan to subject beer on-tap and nonalcoholic drinks to the lower 10-percent VAT rate by the second half of this year. more >>

Flawed safety checks at Czech nuclear plants lasted for around a decade

For the last half year the Czech Republic’s dominant electricity company and nuclear power plant operator ČEZ has been plagued by flawed safety checks at both of its ... more >>

At the table with “Gastronaut“ Pavel Maurer

You’ll find the words “ milovník dobrého jídla ” (lover of good food) on his business card, but Pavel Maurer has another way to describe himself. He calls himself ... more >>

CNB: Public finance deficit to reach zero in 2017

The public finance deficit to GDP will show a zero level in 2017. This is predicted by the Czech National Bank (CNB). The public finance deficit will likely reach ... more >>

Things to Think About: He who rejects change is the architect of decay

This quote from a former British Prime Minister, in the mid-twentieth century, is as true today, if not more so, than it was then.  To me, Wilson’s message is that ... more >>

Business News 5.2.2016

Business round-up: Czech Republic reaches 21st spot on Economic Freedom Index; European Commission sees Czech growth at 2.3 percent; Municipal court rejects legal ... more >>

Prague transit company looking for feedback on new EVO1

The Prague Public Transport Authority has begun ‘field testing’ a new tram, the low-floor EVO1. As of Monday this week, commuters on the No. 6 line were able to travel... more >>

Czech steelmakers fear flood of Chinese imports

China’s relative economic downturn means that a lot of its low cost steel is being exported around the world with Europe one of the main target markets. And already ... more >>

Swiss police dismiss wrong treatment of MEP Ransdorf

The Swiss police have rejected the accusations of having made mistakes in treating the detained Czech Communist (KSCM) MEP Miloslav Ransdorf in December, and ... more >>

Tusk to discuss Czech support for EU-Britain deal in Prague

European Council head Donald Tusk will arrive in Prague on February 16 to discuss support for an EU-Britain draft agreement and the migrant crisis with Czech Prime ... more >>

Czechs face sanctions for not putting Labe valley on Natura list

The Czech Republic may not be able to draw a part of EU subsidies for environment protection and some transport projects because the cabinet has not met the demand ... more >>

Retailers cash in on feel good factor and low fuel prices

Retail sales in the Czech Republic climbed by 5.9 percent in 2015 compared to the previous year, the Czech Statistical Office has announced. That was the strongest ... more >>