Friday, 25 May 2012
Finance | Reuters

The Czech Republic's revamped cabinet committed on Wednesday to push ahead with plans to raise sales tax and slap an extra tax on high wage earners, and warned it would quit if the deficit-cutting measures were not passed by parliament. That raises a risk of further political turmoil in the country which narrowly avoided a government collapse last month.

Business | Reuters

Czech investor Zdeněk Bakala plans to launch a bid for Polish chemicals group Ciech before the summer, two banking sources told Reuters on Wednesday.

Business | The Wall Street Journal

A local entrepreneur is shaking up the Czech passenger rail industry, winning fans with unprecedented levels of customer service and potentially establishing a new business model in central Europe.

Finance | ČTK

The Czech cabinet Wednesday rejected Health Minister Leoš Heger's (TOP 09) proposal that the state increase its health insurance contributions for children, pensioners, the unemployed and other selected groups as of next year.

Business | Czech Position

Jiří Borovec is said not to be leaving the well-paid and prestigious post of Čepro chief by choice; it could be over strategy.

Business | aktuálně.cz

"(Czech PM) Petr Nečas takes good care not to say anything that would point to the importance of Kellner, Dospiva, Komárek, and others - probably because he is well aware that they have far greater power than himself," wrote Erik Best, a US journalist and publisher of online news bulletin Fleet Sheet, in a blog written for Czech online daily Aktuálně.cz.

Finance | Czech Position

Czech farmers launch nationwide go slow tractor protest to urge to plow up tax proposals.

Business | The Wall Street Journal

The race for Czech mobile frequency bandwidth has heated up with the entry of PPF Group, the richest private-equity firm in central Europe.

Business | The New York Times

Industries based on nanotechnology are a rapidly growing niche in the economy of the Czech Republic, which, although small, is widely respected for its technical prowess.

Business | Real Estate | Prague Connect

With four years of falling property prices in Czech Republic, many potential buyers are watching the property market from the sidelines.

Leaders Magazine | Business | Leaders Magazine

A talk with Petr Zemánek, General Manager of the Association of Engineering Technology.

Business | Bloomberg

The Czech National Bank granted a license for payments via mobile phones to Mopet CZ, a Czech joint venture of three mobile operators and banks, Hospodářské noviny reported, citing Mopet spokeswoman Vendula Voláková.