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March 2008
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Archive

Archive for March, 2008

Prague Here We Come… After the delay

So here I am stuck in Dublin Airport as he flight is delayed for two hours. It doesn’t happen often thank god, but airports are fairly boring places.
However Aerlingus gave us vouchers for food - good… And I get to sit here in Starbucks and chill for a few hours - still it is hard [...]

Czechs dislike working abroad

Czechs working legally in old EU countries number 43,000 according to recent study by the Research Institute for Labour and Social Affairs. The largest number of Czechs work in Germany, Great Britain and Austria.
Czechs stay in their motherland because of rising living standards and wages, because they fear difficulties they could face while searching for [...]

Pension reform bill started in Parliament

The lower house passed today bill on a pensions that will gradually increase the retirement age to 65 years and extend the obligatory social insurance from 25 to 35 years. But the Czech Republic does not yet follow the rules similar to ones of its western neighboors.
The government-proposed bill successfully passed only through the [...]

Day of Tibet

About a hundred people met outside the Chinese embassy in Prague yesterday afternoon on demonstration organised by the Amnesty International, carrying banners and Tibetan flags, and lighting candles in commemoration of the 49th anniversary of the Tibetan uprising against Chinese oppression.
Addressing the rally in front of the embassy, the organisers recalled that in 2001, when [...]

Czechs to recognise Kosovo sooner or later

The Czech Republic will sooner or later recognise Kosovo’s independence, but this will not happen before Easter, Czech Deputy Prime Minister for European Affairs Alexandr Vondra told journalists. Vondra declined to give the specific date.
“I will not disclose the date. Now we have a sort of Christmas fast for major political decisions. I think you [...]

Companies still conservative when raising new finance

Contrary to very good economic results and market shares developments, bond and stock issues are a totally unusual way of financing in Czech business environment - a survey carried out by the Prague University of Economics (VSE) has revealed.
“Companies use as traditional methods as bank loans or use their own resources. Issuing new shares or [...]