Economy and Market

The Czech Republic is sprucing up for investors

A privileged destination for the arrival of foreign capital and monitored by the Asiatic countries that intend to expand into Europe The Czech Republic is back in fashion, or perhaps, for its customers, it had never faded into oblivion. The international economic crisis, coupled...

The roaring Czech economy

Record GDP in the first quarter bodes well, including the macroeconomic figures. Driving this growth is the automotive and manufacturing industry, but increasing domestic demand and consumption are beginning to bear fruit The economy of the Czech Republic seems to have finally awakened from...

Czechs and Expo, the many victories of creativity

A brief history of the Czech participations in the large World fairs, and of when the Prague style surprised the world A grand parade of artists, who intrigued and fascinated visitors. Yet, the winning factor of the Czechoslovak pavilion at Expo ‘58, was something...

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...