Archive for 'Czech Republic'
Czech 2007 foreign trade surplus doubled the record 2006 figure
Czech foreign trade showed a surplus of Kc86.1bn last year, more than double the record-high figure seen in 2006, the Czech Statistical Office (CSU) said today.
The improvement came largely thanks to a higher surplus in the category of machinery and transport equipment, a lower deficit in trade in mineral fuels and a shift from a [...]
Posted: February 5th, 2008 under Czech Republic.
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Czech mortgage market grew by 41 pct in 2007
According to the latest Local Development Ministry data mortgage banks on the Czech market granted 83,344 new mortgage loans worth over Kc142bn to individuals in 2007.
In Prague alone, mortgage banks provided 24,000 loans worth Kc54.5bn and in the second largest Czech city, Brno, Kc13.4bn worth of them.
Overall, the volume of mortgage loans granted to individuals, [...]
Posted: January 28th, 2008 under Czech Republic, Prague Property.
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Prague bourse down 4.6 pct to 15-mth low
As the crises deepens on the world financial markets, share prices on the Prague Stock Exchange (BCPP) sank to the lowest level in over fifteen months. The PX index lost 4.62 percent to 1,489.6 points, according to the bourse results.
Power company CEZ, the most traded title on the bourse, shed over 5 percent to Kc1,170.
Dealers [...]
Posted: January 21st, 2008 under Czech Republic.
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Prague bourse lost everything earned in 2007
Panics of global markets shattered Prague bourse, it lost all earnings from 2007. Further, what started as morgage crises in US is comming with real influence to Eastern European economies. Financial crises will truly influence the development not only in 13 countries of Eurozone but also the faster growing Eastern European ones. New assumptions of [...]
Posted: January 17th, 2008 under Czech Republic.
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CR contributes Kc94bn to EU budget,gets Kc112bn
The Czech Republic is a net recipient from the EU contributing Kc94bn to the EU budget between 2004 and the first half of 2006 and receiving Kc112.3bn, the Local Development Ministry said at a news conference today referring to data of the Finance Ministry.
“For the time being the surplus is not very big,” Deputy Local [...]
Posted: December 18th, 2007 under Czech Republic.
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FinMin confirms Czech state debt at Kc842.7bn at end-Sept
Czech state debt rose by Kc40.2bn in Jan-Sept this year to Kc842.7bn, and from July it decreased by Kc13.4bn, the Finance Ministry has thus confirmed today its state debt data of the beginning of October.
Per capita debt tops Kc84,000. State debt increased by more than Kc111bn last year.
State debt is the debt of the Czech [...]
Posted: December 14th, 2007 under Czech Republic.
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Czech crown firms through CZK26.00/EUR for first time ever
Prague - The Czech crown this morning broke through the Kc26.00/EUR level for the first time ever and at one point traded at Kc25.97/EUR, following the publication of November inflation data, the highest figure in the last six years, Patria Online server said.
The unit also gained to the dollar, to Kc17.72/$.
The inflation figure was much [...]
Posted: December 10th, 2007 under Czech Republic, Prague, Prague Property, Uncategorized.
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Czech Senate approves higher tax revenues for municipalities
The Czech Senate almost unanimously approved an amendment to the law on the budget’s tax allocation, according to which municipalities will get additional 4.6 billion crowns from tax revenues next year.
The bill, which will be advantageous mainly for smaller towns and villages, is yet to be signed by President Vaclav Klaus into law.
Finance Minister Miroslav [...]
Posted: December 6th, 2007 under Czech Republic, Prague, Prague Property.
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This Prague Site
I write web sites, all day most days of the week, and I have taken a while to decide on a large project - this is it. I think it will take at least one year for this site to appear in the front page of the Google results for Prague. I also think the [...]
Posted: December 2nd, 2007 under Czech Republic, Prague, Prague Property.
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