Business News

Unemployment continues growing

19-09-2002

The Czech unemployment rate has been growing for three months and reached 9.4 percent in August. In July, unemployment stood at 9.2 percent. Analysts say the situation has worsened due to inflow of fresh school graduates to the labour market.

Vladimír Tax

12-09-2002

Government approves a tax reform to raise extra money to finance repairs of flood damage. GDP growth slows down while unemployment continues growing and inflation remains extremely low. In this week's edition of Economics Report, we have an analyst comment on the latest economic developments.

Floods may hamper Czech participation in Expo 2005

Vladimír Tax

05-09-2002

Prices of electricity for households to fall by 5 % in 2003

Vladimír Tax

05-09-2002

Czech Airlines sees 50 % drop in number of passengers

Vladimír Tax

05-09-2002

Insurers raise flood damage estimates

Vladimír Tax

05-09-2002

Insurance companies operating in the Czech Republic have revised flood damage estimates upward. The two largest insurers alone estimate the damage their clients incurred during the disastrous floods in August at almost 20 billion Czech crowns.

Foreign direct investment into CR tops 187 billion in H1

Vladimír Tax

05-09-2002

Meat imports ban to be lifted

Vladimír Tax

05-09-2002

British public donates more than eight million crowns

Vladimír Tax

05-09-2002

Flood relief donations are also continuing in Europe. The Czech Embassy in London says people in Britain have donated almost 160,000 pounds, or more than eight million crowns, to a special fund for Czech flood victims.