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In Business News this week: the Czech crown falls significantly against the US dollar, while also losing value against the euro; the Prague Stock Exchange seesaws again; a sharp decline in the volume of mortgages provided by Czech lenders slows considerably in the third quarter; and Czech betting companies are fighting for a slice of the lucrative on-line gambling business.

In Business News this week: as the financial crisis continues, analysts predict lower GDP growth in the Czech Republic in 2009; a marked fall is seen in investment in commercial property; the Czech Republic doubles bank deposit guarantees, while the central bank begins offering loans to banks guaranteed by government bonds; the head of the Confederation of Industry says the government should suspend discussions about euro adoption; and big privatisation projects are going ahead despite the financial crisis, with Aeroflot reported to be the favourite

In this week's Business News: The Czech Republic leads the EU in the percentage of plastic packaging being recycled; Friday’s early trading saw the Prague bourse slump by 14 percent; the head of one of the companies building a new Hyundai factory in Northern Moravia has accused the company of cutting corners in construction; the seemingly endless Czech housing boom appears finally to be slowing down, according to experts in the industry; Czech trust funds are in their worst condition since the terrorist attacks of 9/11 and Czech anti-corruption

In the week’s business news: the Czech government goes out of its way to reassure the public that the Czech economy will not be directly threatened by the global economic crisis, although a fall in growth is expected. A leading Czech glass maker axes two big companies, putting 1,800 people out of work, and 700,000 households are bracing for a steep rise in rents next year.

In this week's Business News: The Czech government has announced a tender for software worth 1.5 billion crowns; safety inspectors are to begin checking Asian restaurants around the country, making sure that they are not using Chinese milk; a fraud case brought against the state-owned energy company Čepro by the Czech High State Attorney's Office has been halted; new figures from the Czech Trade and Industry Ministry suggest that sales of Czech-made musical instruments have fallen sharply; in a surprise move, a gas-tax reduction bill proposed by

In this week's Business News: The global financial squeeze affects the Czech Republic; businesses also feel the effects; a Czech language version of Youtube is to be launched; eyebrows are raised as terrorism legislation contains giveaways to the gambling industry and how big pharmaceutical companies are trying to buy Czech doctors.

In Business News this week: Czech business leaders, feeling the squeeze of the strong crown, call for a euro adoption target date – not this year, says the government; Prague Airport is shedding a 10th of its workforce ahead of its planned privatisation; the Czech Republic ranks among the worst states in an international study of how long it takes to deal with taxes; the number of debit and credit cards issued by Czech banks keeps increasing; and two Czech firms rank in the first five in a regional Top 500.

In Business News this week: the main Czech trades union body is threatening protests over changes to the labour law – and demanding a pay increase of at least 8 percent; Czech Airlines post a loss but the firm’s chief says things are looking positive; Prague Airport invests in property in order to make itself more attractive to potential buyers when it is privatised; Czech Television is faced with a big bill after failing to pay tax on license fees; and a mobile operator ups the price of its iPhones to prevent foreigners buying them up for resale

In Business News this week: the Czech power giant ČEZ announces plans to build Europe’s largest onshore wind farm; the average monthly salary in the Czech Republic is up 8 percent, but high inflation means real growth is at its lowest in a decade; Hyundai is reported to be three-months ahead of schedule for the beginning of production at its new plant in Moravia; two Czech firms develop a special car that could prove very useful for wheelchair users; and spend those hellers! – the aluminium coins cease to be legal tender at midnight on

In this week's Business News: the Czech government has decided to end state subsidies for school milk programmes; why Czech banks are cutting mortgage rates and why the country is being flooded by ever cheaper imported Chinese shoes; new data from the European Foundation for the Improvement of Living and Working Conditions suggests that Czech worker pay has fallen by 1.3 percent in the last year and a a key member of the Czech National Bank’s board has said that he does not recommend that the Czech Republic adopt the Euro in the near future