Czech Business Today

Volume IX, 4-2010

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CEBRE calendar

  • 14th July, 2010:

    CEBRE Seminar on Innovation & Green Economy (Brussels)

  • 7th September till 1st October, 2010:

    Exhibition of Císařovský, Císařovská (Czech House Brussels)

  • 15th September, 2010:

    CEBRE Seminar “Export outside of the EU, how to deal with?” (Brno)

  • 4th October till 7th October, 2010:

    European Week of Regions and Cities Open days (Brussels)

  • 6th October, 2010:

    CEBRE Debate on Electric vehicles (Open days) (Brussels)

Archive

Flash news

  • GDP per capita without change

    The Czech Republic is 17th when it comes to GDP per capita in the EU. In 2009, Czech GDP represented 80% of the EU average. Traditionally, the richest country is Luxembourg (268%) and the poorest is Bulgaria with only 41% of the EU average.

  • The Czechs have got what they chose

    The new Czech government is to be set up following the parliamentary elections in May. Negotiations about the ministerial chairs within the new coalition led by conservative parties TOP 09, ODS and conservative liberal VV (Public affairs) are still in progress. However, some preliminary agreements were made regarding the limitation of MPs and Senators immunity, obligatory university fee for students, direct presidential elections, reduction of politicians´ salaries and fighting corruption.

  • Czech businesses opposes financial transaction tax

    Czech companies do not support an EU agreement made at the beginning of June on bank levies and financial transaction tax. Czech PM Jan Fischer, as well as, Italy´s PM Silvio Berlusconi refused to discuss bank levies unless there is a G20 agreement for a global deal. Additional bank levies could worsen access of businesses to credit, which is already very difficult.

  • Pessimism still present

    According to the survey of Czech Confederation of Industry published in May, business confidence rose to 16.8% compared when compared with May 2009. It shows that there is a slight recovery and hope for the end of recession in 2011. However, one-third of respondents are to reduce the number of their employees this year.