A total of 22,507 companies were set up in the Czech Republic last year, up 27 percent against 2006 and the highest number in the last five years, according to data of the Cekia agency. "Interest in … [Read more...]
Low-cost airlines raise passenger numbers in Prague by one-fifth
Low-cost airlines raised passenger numbers at the Prague-Ruzyne airport by more than one-fifth to 2.8 million in 2007, Eva Krejci, spokeswoman of the Letiste Praha company which runs the airport, … [Read more...]
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 … [Read more...]
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 … [Read more...]
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 … [Read more...]
Czech National Bank governor expects inflation at 3 pct in 18 mths
The recent acceleration of the Czech Republic's inflation is rather the result of the coincidence of two factors and will soon end, Czech National Bank governor Zdenek Tuma said at the Euromoney … [Read more...]
Prague bourse extends this year’s loss to over 10 pct
The Prague bourse fell further today and the loss accumulated since the beginning of this year already exceeds 10 percent, as the PX index shed 1.9 percent to 1,620.2 points, its lowest close since … [Read more...]
Czech crown setting a new record to USD
The Czech crown opened at an all-time high to the dollar today, at Kc17.48/USD, on the dollar's fall in world markets, Patria Online server said. Before 10:00 a.m. the crown weakened slightly to … [Read more...]
Czech Republic joins Schengen area
Czech citizens can travel freely across almost the whole of Europe without border checks as of today, as the Czech Republic, along with another eight EU newcomers, joined the Schengen area at … [Read more...]
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 … [Read more...]