Economy and Market

The Balkans and Temelín cause ČEZ to tremble

The Czech energy company has ended up at the centre of a dispute worth millions with the Albanian government and also risks in Bulgaria. Once again the decision on the biggest project in recent years has been postponed. We will have to wait until...

Důl Paskov, the agony of a mine

In Ostrava and its surroundings, the crisis in the coal sector threatens the jobs of thousands of miners. The fear of a shocking domino effect in the coming months could bring down the Moravian-Silesian region, one already beset by serious economic and social problems...

Economics May – June

Unemployment Thanks to new seasonal openings, and a new computational methodology, the unemployment rate has fallen to 8% or 7.4%, depending on the source: in any case, a very acceptable level. Unfortunately, salaries are not growing and in several cases are decreasing, therefore depressing...

Crisis in law or of confidence?

Would it help when lawyers reflect on it? Under its judgment, the Constitutional Court of the Czech Republic ruled on 25 April 2013 that Regulation No. 484/2000 Sb. issued by the Ministry of Justice, so-called “Predicative Regulation” would be cancelled. The justification for such...

Tomáš Sedláček, the pop economist

“Economy is more human than you would think”, explains the young Czech scholar, also author of the bestseller Economics of Good and Evil A tall, large guy, with messy long, curly red hair, he can be spotted going round Prague on a bicycle, in...

Kellner: energy and telecommunications

After cashing in money from the Trieste Lion company, the Czech business Yeti is aiming at new preys The recent operation by means of which the Generali bought from the Czech billionaire the remaining 49% of Generali PPF Holding (the joint venture created five...

Today’s new challenges: future prospects of the energy sector

The Enel Group has grown a lot in just a few years, and since early 2000 has now almost doubled in size. It is now the second group in Europe for generating and distributing electricity, it operates in 40 countries and since 2009, its...

“Our expansion continues”

“We are not impaired by the crisis. The fact that we have a defined development plan already in progress helps us quite a bit. By opening to the retail market, the bank has also become more sustainable compared to the past.” To underline this...

Made in Czech Republic in search of new markets

Prague’s number one objective: to reduce dependence on western European markets The Czech Republic, a country that sells around two-thirds of its production abroad, believes it is important to decrease its dependency on EU markets in the next few years – where 83% of...

Msv 2011 a sign of recovery

Many positive signs, in early October, starting with the 53rd edition of the Mechanical Engineering Fair in Brno, even if operators are rather cautious about the future, with particular concerns over the Eurozone crisis. In a country such as the Czech Republic – where...