Economy and Market

Škorpion, bursts of fire and mysteries

The historic submachine pistol, born in communist Czechoslovakia, is still a well known weapon all over the world for its deadly effectiveness  As lethal as the insect, whose name it bears, the Škorpion Vz. 61 submachine pistol has been and remains, along with the...

Prague and the euro, love and hatred?

Zeman leads the front that is in favour of it, while Babiš and the Čnb governor that of those who are opposed to it. And while they discuss about a possible date for its adoption, the crown devaluation policy is still in place The...

Macroeconomics March – April 2015

Unemployment In February the unemployment rate decreased slightly, by 0.1%, to 6.5% of the active population. Those figures must be taken in cum grano salis : population is getting older on average. Therefore we have more people getting out of the active segment, than...

Slovenské elektrárne – we help businesses to economize

A discussion with Andrea Pancotti of Slovenské elektrárne, on energy efficiency as a mean towards a sustainable reduction in costs and an increase in competitiveness in a globalized market For some time now European industry has been complaining about the high cost of electricity...

Macroeconomics January – February 2015

Unemployment The unemployment level was stable or slightly growing in December 2014, depending on the methodology used. 5.9% of the active population was unemployed, or 7.4% of the total population. The hopes were for better data. It is certainly true that the unemployment level...

Step forward Křetínský

The rise in the European energy market of the youngest billionaire from Brno, and owner of Sparta Praha, who some call the Abramovich of the Czech Republic The spotlight is turning to Daniel Křetínský in Western Europe, the number one of EPH, the holding...

Macroeconomics November – December 2014

Unemployment The occupied population figures grew in October, too. The official unemployment rate, that is calculated on the active population only, decreased to 5.8% on a y-on-y basis. The more general figure, on the total population, remained steady at 7.1% and preliminary data for...

Czech law after 25 years of freedom

Twenty-five years ago, we were still in the twentieth century, but living in a divided world. In our part, the then Czechoslovakia, the world was gloomier compared to the other side. We used to drink wine that had very little in common with original...

Antonio Conte, the inventor of tourism in the East

We meet Antonio Conte, the reporter and pioneer also in the Karlovy Vary festival of the short tourist film At first glance, you would not call him a “pioneer”, one of those “brewers” all about ideas and enthusiasm that often have saved our country...

Macroeconomics September – October 2014

Unemployment The job market is improving and the unemployment rate is decreasing in the Czech Republic. The official unemployment rate, measured lately on the active population, decreased to 5.9% in September. Whereas the more traditional rate, measured on the entire population, recorded a low...