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Czech Republic - Business News

Czech government shakes up employment rules for foreign workers
(Thu, 19 Aug 2010 15:01:19 +0200)
The Czech government has moved to crack down on foreign workers who overstay their welcome in the country. At the same time it has set up a new system for attracting qualified foreign workers.

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Business News 6.8.2010
(Fri, 06 Aug 2010 16:27:07 +0200)
In Business News this week: The Czech National Bank raises its estimate of Czech economic growth in 2010, the central bank leaves interest rates unchanged and amidst planned lay-offs in the public sector, Škoda Auto makes the single biggest recruitment of employees since the beginning of the crisis.

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City dismisses proposed demolition of Strahov Stadium
(Fri, 06 Aug 2010 15:24:33 +0200)
The City of Prague has wasted no time reacting to a proposal made public this week that the famous Strahov Stadium, overlooking the city, could be demolished to pave the way for new development. The idea was floated by the Czech Sports Association, which owns ten percent of the stadium and underlying buildings and grounds. But the city, which owns the rest and was not consulted, says flat out it is not going to happen.

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Government brings back revamped economic advisory board
(Thu, 05 Aug 2010 15:18:40 +0200)
The Czech government has set up a revamped economic advisory board, or NERV. The board, which was first set up in 2009 to deal with the economic crisis, will now focus on areas such as public budgets, pension reform and anti-corruption measures, among others. Radio Prague spoke to economist Tomáš Sedlácek, who was also on the previous board, about the shift in focus.

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Business News 30.7.2010
(Thu, 29 Jul 2010 23:59:59 +0200)
In this week’s Business News: a big win for Budweiser - the Czech one, that is; the new labour minister wants to toughen up on non-EU workers; the state forestry company sees big profits for the first half of 2010; CEZ finally wants done with its Chvaletice power plant; and the antimonopoly office owes interest to Shell for imposing illegitimate fines.

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Business News 16.7.2010
(Fri, 16 Jul 2010 14:16:57 +0200)
In Business News this week: privatisation possibilities earmarked by finance minister; shake-up in Prague’s power sector; skimming surges; film incentives start to roll; and municipal football joins the big league.

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