Prague, Nov 20 (CTK) – The Czech Finance Ministry improved its economic growth estimate in the latest forecast to 4.1 percent for this year and to 3.3 percent for next year, which was caused by the good condition of the Czech economy and the development abroad, the ministry said in a press release today. ...
Czech E-commerce businesses could reach revenues of over CZK 100 billion for the first time this year, Czech TV reports. In 2012 Czech consumers spent approximately CZK 51 billion on internet purchases, in 2016 the figure was CZK 98 billion. This year estimates suggest it could climb to CZK 115 billion. Czech online retailers ...
(CTK) – Representatives of Czech companies who will accompany President Milos Zeman on his forthcoming trip to Russia are expected to sign contracts worth billions of crowns, Chamber of Commerce president Vladimir Dlouhy said today. Contracts are to be signed by nine companies, including Brisk and Pragoimex, Confederation of Industry spokeswoman Eva Velickova told ...
According to some, the head of state’s visit will open the door to important new opportunities, despite the fact that sanctions remain in place over Russia’s intervention in eastern Ukraine and the annexation of Crimea. Will the trip truly provide new opportunities for Czech firms? That was a question Czech Radio put to ...
Prague, Nov 16 (CTK) – Taxation of the financial compensation for Czech churches within their property restitution should be seriously discussed and it should be found out whether it is possible or not, President Milos Zeman said in a regular interview broadcast by the TV Barrandov commercial channel tonight. ANO leader Andrej Babis recently ...
Two thirds of Czechs claim that they do not understand taxes but over a half of Czechs are of the opinion that high-income groups of the population should pay a higher percentage in taxes, according to a survey conducted by the CVVM public opinion research centre. The survey shows that most Czechs support progressive ...
Over the past week Prague was the focus for discussions between experts and businessmen from Europe, the United States, Canada, and Australia, about their experiences with the medicinal cannabis market. It’s a global market that’s growing fast and reckoned to be soon worth hundreds of billions of dollars. But the story in the Czech Republic ...
The gig economy is already making waves in the Czech Republic, as continued demonstrations in the Czech capital about the Uber taxi platform, due again to take place on Wednesday, prove. But the bark is in some sense bigger than the bite it has taken out of the traditional economy or made elbow room for ...
Prague’s taxi drivers are planning to protest against the ride-sharing service Uber by blocking traffic in the city on Wednesday. The protest, organised by the Prague taxi drivers association, will go ahead despite a call from Prague Mayor Adriana Krnáčová to revoke it. Last month, taxi drivers staged a similar protest, blocking traffic to ...
