Wednesday, 21 November 2018
Finance | Radio Prague

The Czech government will increase the minimum wage by 1,150 crowns to 13,350 crowns a month from January 2019, Labour and Social Affairs Minister Jana Maláčová tweeted from an early morning cabinet meeting on Tuesday. The minister noted that it was the second highest increase of the minimum wage since 1991. Achieving this hike was one of the Social Democratic Party's policy program priorities.

Business | Prague TV

The Ministry of Transport plans to significantly increase the pace of construction of new roads and railways. It wants to spend CZK 2.6 trillion for building and repairing infrastructure by 2030.

Business | Prague Daily Monitor

Czech Television reports that state-owned Czech Railways will begin raising fares across the board over the next few weeks, when its new timetable comes into effect. This price hike is being linked to inflation and is due to rising costs, which include higher wages and more expensive fuel and energy supplies.

Politics | Business | Prague Daily Monitor

The leadership of the Communist party (KSCM) agreed to extend support to embattled Prime Minister Andrej Babis and the minority government over the Stork's Nest matter on Tuesday night.

Politics | Business | Prague Daily Monitor

Hospodarske Noviny suggests that the Senate, which finished its term last month, was politically, the weakest Senate the country has seen since its inception. Analysing the Senate's involvement in the law-making process, HN suggests that, only in 9 instances in the previous two years, was the Senate able to push through its version of a law.

National | Business | Radio Prague

The European Green Belt is a stretch of wilderness running along the former Iron Curtain, which once divided the continent. It has evolved along the border for more than four decades and today is the longest and largest ecological network of its kind not only in Europe, but in the whole world. The European Green Belt is also an ecological initiative that joins 24 states, which were once divided by the impenetrable borderline.

National | Business | The Tribune/AP

Wildlife parks in three European countries on Tuesday announced they are joining forces to send critically endangered eastern black rhinos back to their natural habitat in Rwanda, where the entire rhino population was wiped out during the genocide in the 1990s.

Business | Radio Prague

The European Commission has agreed to review the terms of sale for the Czech Republic's biggest steelmaker, the ArcelorMittal plant in Ostrava, and Brussels could impose additional conditions before allowing it to trade hands between one Indian-backed owner to another.

National | Business | The Guardian

A haul of fresh pelts and rotting remains marks the end of a five-year probe into an international crime ring. Authorities fear it points to a wider problem in Europe.

National | Business | Radio Prague

Prime Minister Andrej Babiš faces a test this week, with his government set to face a no-confidence vote on Friday. The vote follows a scandal involving Mr. Babiš's son, who says he was forcibly taken to Crimea. The PM attempted to smooth over the scandal by visiting his son in Switzerland at the weekend – but the whole affair may not die away any time soon.

National | Business | Radio Prague

Taking advantage of relative liberalisation at home, the young Václav Havel visited New York in the spring of 1968 for the US premiere of his second major play, The Memorandum. There he met Joseph Papp and his wife Gail.

National | Business | Prague Daily Monitor

Jiří Ovčáček the President's spokesperson, announced on Twitter, that President Miloš Zeman welcomed Chinese Vice Premier Sun Chunlan at the Lany Chateau on Monday.

Finance | Bloomberg

Weakness in the Czech currency has reliably pointed the way to the longest run of interest-rate increases in Europe. But at their last meeting of the year, policy makers may opt for a pause, even as the koruna continues its slide.

Business | Prague Daily Monitor

The Volkswagen (VW) group announced that production of their premier VW Passat model would move to the Czech Republic by 2023. The Passat will be produced at the Kvasiny plant along with the Skoda Superb and Skoda Kodiaq – cars it shares the same platform with.

Business | Prague Leadership Institute

"The only place success comes before work is in the dictionary." The first time I heard this wonderful maxim, I was a young salesman and my boss was trying to impress upon me the importance of discipline and structure in how you approached things.