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In this week's Economics Report, we'll be taking a look at the Awards for a Healthy and Safe Environment, which were handed out to environmentally friendly Czech companies earlier this week, but first, here's a rundown of the business stories making the headlines this week:

Recently, a major Czech IT firm announced that two of its cryptologists had discovered a serious flaw in the OpenPGP standard, encryption technology widely used in electronic signature systems throughout the world.

It has been calculated that on some railway lines in the Czech Republic, it would be cheaper to pay for taxis to transport passengers than to run a train service. In this week's edition of Economic Report, Vladimir Tax takes a look at the issues at stake in the transformation of Czech Railways and the future of rail transport.