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In Business News: the government approves a package of tax and public spending reforms; the EC is to warn the Czech Republic that it is failing to keep its public deficit under the limit of three percent of GDP; the OECD forecasts a slightly slower economic growth for the Czech Republic; Czech companies have won a 120-million-dollar contract in Iraq.

In Business News: an increase in exports countries allows power producer CEZ to achieve record profits in the first quarter; a new player, U:fon, enters the Czech telecoms market; a UK firm has plans to greatly increase passenger numbers at the regional airport in Pardubice; the number of pirated computer programmes used here is nearing the EU average; and the number of Chinese tourists visiting the Czech Republic is rising rapidly.

In Business News this week: the EC says it expects the Czech Republic's GDP growth to fall below 5 percent this year and also worsens the outlook for the country's public finance gap; March was the best month ever for the export of goods; unemployment falls below 7 percent; interesting figures have been released regarding the sectors in which Czechs work; and the agriculture minister wants to speed up the sale of state land to give Czech farmers an advantage before an EU accession transition period ends.

In Business News: Czech firms are to pay out their highest dividends ever, but most of the money could flow out of the country; over 30 international firms have opened development or distribution centres in the Czech Republic in the last year; Skype is opening a programming centre in Prague's revitalised Karlin district; inspectors find numerous shortcomings at Czech internet retailers; and the Czech economy is one of the most 'energy demanding' in the EU.

In Business news this week: Czech investment firm PPF enters a major new joint-venture with the Generali insurance firm, Billa is to take over the Czech Republic's Delvita supermarkets in June, a new bill to regulate relations between supermarket chains and suppliers has failed to get past its first reading in parliament, and the Czech National Bank raises its economic-growth forecast.

In business news this week: management and trade unions at Skoda Mlada Boleslav resolve long-standing pay dispute. The state-controlled Czech airline CSA reports another rise in passenger traffic in the first quarter and, the world-famous fashion brand Giorgio Armani may have its suits made at Czech clothing producer OP Prostejov.

In Business News this week: Czech unemployment rates continue to plummet; the Prague Stock Exchange enjoys record highs; the government approves a euro adoption plan but fails to set a date for the introduction of the currency, and poor barley harvests could mean trouble for Czech brewers.

In Business News this week: the Czech government introduces a major fiscal reform package; power giant CEZ is the largest firm in Central Europe according to Forbes Magazine; there has been an extraordinary increase in car sales in this country, and the McDonalds fast-food chain enjoys a record increase in revenues in the Czech Republic.

In Business News this week: Skoda is voted the best Czech company for the second year running; there has been a sharp rise in Czech property prices, and it looks like Starbucks will be coming to the Czech Republic:

In Business News this week: Prague is the most popular location for house buyers, an independent audit declares the new road-toll system a success, the government is to sell a significant stake in the CEZ energy giant, and Czechs will buy more laptop than desktop computers for the first time ever this year.