Tuesday, 17 July 2018
Business | Radio Prague

An increasing number of Czech children are getting their pocket money on a bank card. In addition to being practical and boosting financial literacy, this gives parents a good idea of where their children are spending their money.

Business | Reuters

The "overheating" of the Czech economy, visible mainly in the tight labor market, may lead to faster interest rate rises than anticipated, the OECD said in a report on Monday.

Business | EUWID

Following an increase in the volume of Bark beetle damaged wood from about 2.0m m³ in 2016 to about 5.5m m³ in 2017, this year the Czech Republic is threatened with the heaviest bark beetle calamity in the country's history.

Finance | ČTK

The Czech healthcare system fares well compared to other Central and East European economies, but it needs changes in its funding, the Organisation for Economic Cooperation and Development (OECD) says in its report that its Secretary-General Angel Gurria presented in Prague on Monday.

Finance | ČTK

The Czech Republic should connect the retirement age level with life expectancy, the Organisation for Economic Cooperation and Development (OECD) recommends in its report that its Secretary-General Angel Gurria presented in Prague on Monday.

Business | Radio Prague

Wages on the World Cup football championship recorded by Czech betting agencies reached a record-breaking CZK2.5bn (€97mn), surpassing the amount bet on EURO 2016 matches by CZK600mn.

Business | Radio Prague

Uber has signed a deal with the Czech tax authorities committing its drivers to registering their earnings using electronic cash registers from later this year. However, the country's taxi drivers want a firmer approach to Uber and similar operators – and are threatening more protest action.

Business | Prague Leadership Institute

It's not always the strongest, fastest, smartest, or most well-connected people who win. And, if like me, you don't always fall into any of those categories, our hope lies in the fact that we refuse to give up, which can make us truly formidable.

Business | Reuters

Czech Prime Minister Andrej Babis said state-controlled utility CEZ could expand its nuclear capacity via a subsidiary, and reiterated his opposition to splitting the company.

Business | Radio Prague

The Czech capital has been placed 50th in the annual index of the richest cities in the world, put together annually by Swiss Bank USB, the website Novinky.cz reported on Friday. The index has ranked 77 metropolitan areas according to prices of basic goods and services, incomes and purchasing power.

Business | Financial Post/AP

Uber is to give the Czech Republic's finance ministry information on its drivers' activities so the proper amount of tax is paid. According to the deal signed Thursday, the ride-hailing service also agreed that as of October its new drivers will join an electronic reporting system introduced by the local authorities. Initially, the agreement will be effective for a year. Uber will then assess its functioning.

Business | Prague Connect

The fourth edition of the annual Soft Power 30 Index was launched Thursday by Portland, the strategic communications consultancy, in partnership with the University of Southern California Center on Public Diplomacy. The Czech Republic moved up to 26th in this years ranking, moving ahead of the Russian Federation and China in this year’s Soft Power 30.

Finance | Radio Prague

Despite rising wages and low unemployment, only 53% of Czechs aged 30 or over are "satisfied" with their financial situation, according to a new STEM / MARK poll commissioned by Globus hypermarkets.

Business | ČTK

The defence spending of the Czech Republic must be growing gradually and it will reach the target of 2 percent of GDP in 2024, Defence Minister Lubomir Metnar (ANO) told journalists on Thursday.

Business | Radio Prague

The European Commission has revised downward its forecast for the growth of the Czech economy this year and in 2018. According to its latest prognosis, Czech gross domestic product should expand by 3.0 percent this year and 2.9 percent next year. An earlier forecast had suggested growth of 3.4 percent in 2018 and 3.1 percent in 2019.