Czech Business Today
Volume XI, 2-2012
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Use of ADR systems as well as their quality depends on culture!
Arbitration and mediation are mechanisms of alternative dispute resolutions (ADR). ADR basically is an alternative to… continue reading »
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Welcome by Alena Vlacihova
This year, CEBRE celebrates its 10 years of existence, almost half of which I could participate in its activities and… continue reading »
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EESC Corner
The European woodworking and furniture sector (as well as the pulp and paper industry) mainly uses natural renewable… continue reading »
Flash news
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The seventh lowest in the EU
According to the data published by Eurostat for the third quarter of 2011, the Czech Republic has the seventh lowest ratio of government debt compared to the gross domestic product in the EU. In total the Czech public debt is of 39.8 percent of GDP. Data show that EU public debt had increased from 81.7 to 82.2 percent in the EU-27 last quarter of 2011. In the Eurozone, public debt dropped from 87.7 to 87.4 percent.
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Galileo in Prague
At the end of January, the Czech Prime Minister Petr Necas signed with the Vice President of the European Commission Antonio Tajani a host agreement between the Czech Republic and the European GNSS Agency, which allow the transfer of GSA seat from Brussels to Prague. On this occasion, Tajani received a feedback from Czech business organizations regarding Commission´s policies for support of entrepreneurship.
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Will RIA cut the red tape?
New rules of regulatory impact assessment (RIA) adopted by the Czech government in December 2011, came into force in January 2012. New rules could have potentially positive impact on decision making in the Czech Republic and are welcomed by Czech companies, to whom cutting the red tape brings considerably lower financial expenses.
