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In Business news this week: the Czech Republic is counting the costs of the flash floods hitting northern Moravia; the Czech Nation Bank keeps its key interest rate unchanged; a new runways at Prague’s Ruzyně Airport promises around 17,000 jobs; energy giant ČEZ is going to build a new gas-fired power plant; and the Investor of the Year awards are handed out.

In Business News this week: speculation soars over Staropramen bid; emissions handout sparks controversy; Czech financial sector gets positive health check; and Aero Vodochody profits take off.

In Business News this week: recession strikes; unemployment stabilises; hard coal producer announces layoffs; Orco confirms the worst; and the steady advance of a sunrise industry.

In Business News this week: foreign investment eases; complications hit Budvar sale preparations; bankruptcies hit a five year high; the auto sector earns less for more; and the Finance Ministry sees no role for film perks.

In Business News this week: the Central Bank says it may cut interest rates further, the Czech Republic’s fourth biggest beer producer Budějovický Budvar is bringing out an 11 percent brew and hobby markets in the Czech Republic are doing good business despite the crisis.

In Business News this week: Czechs’ high corruption threshold; a change of heart on airport privatisation; multiplexes roll-out in the regions; Czech Airlines searches for new sources of income; and an insurance silver lining to the crisis cloud.

In Business News today: how production braked in the auto sector; good and bad news on inflation and jobs; a new turn in a massive clean-up tender; Vietnamese skills come to the fore; and the battle over the television tax.

In Business News this week: the IMF spreads gloom; ČSA bidders downed; Lukoil looks to expand; three make it into last round of massive clean up tender; and McDonald’s looks to coffee heaven.

In Business News this week: the IMF predicts a shrinking economy; no date with the euro for now; fair or foul scrap incentives; the sun rises on Czech solar power; and why to feel sorry for the car dealer.

In Business News this week: more gloom from the number crunchers; a silver lining from the central bank; charges stack up against local banks; EU funds spark gas storage scramble; and a bid for a scrap law for old furniture.