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In today’s business news: The prime minister says that a German nuclear phase-out could increase domestic energy prices by up to 30 percent, Czech airlines is to further cut its number of destinations along with its staff, the Swiss commodity giant Glencore is set to buy up the Czech food and chemicals conglomerate Setuza, more than half of all Czech households are not able to save any money, and two new wi-fi trams are being introduced in Prague.

In this week’s business news: companies from industries with a high demand for technologies fuel Czech GDP growth; energy regulator predicts electricity price hike; foreign explorers to look into if Czechs have shale gas; Bahrain no longer offshore option for Czechs; modernized railway line fails to provide a faster connection to Germany; and Czech Railways post a modest profit for the first quarter of 2011.

No more hiding from the taxman in the big city; numbers of businessmen up, number of businesses up; anonymously owned companies get eight billion in state money; welfare and unemployment expenses hit 700 billion.

Nice numbers across the board for Czech economy; inner-circle Sazka critic sacked; slim pickings for fruit farmers; a new civil code brings big changes; and fair trade is fairly profitable.

In Business News: importer RWE Transgas to try and renegotiate disadvantageous contract with Russian gas supplier; the Czech National Bank revises growth numbers downwards; new scientific facilities in the Czech Republic to see 14 billion crowns in European funds; Czech exporters unsatisfied with ministry plans to extend existing support network.

In this week’s business news: An expert from a government think tank criticizes the behavior of the country’s immigration police, the Confederation of Industry elects a new president, the home electronics company ETA is to let go a fifth of their staff, Czech cinemas see their revenue drop by nearly 40 percent, and the Food Inspection Authority closes down a Prague location of the national grocery chain Albert.

Czech nuclear energy on the up and up, in spite of it all; PirateLeaks searching for lost state treasure; business is booming at the dread ABL; indebted Sazka may be more in debt than first appears; and Red Hat sits pretty at the top of Czech employers this year.

In this week’s Business News: the transport minister’s resignation is met with relief by some members of the country’s construction sector, fuel prices reach an all-time high, the Czech Republic contributes over 65 million Czech crowns to an international fund for a protective shield around one of Chernobyl’s reactors, the labor ministry plans to introduce a new electronic payment system for pensions and for the first time, a woman takes first prize at the Czech Manager of the Year Awards.

In this week’s Business News: the Czech Republic’s industrial output outpaces the EU average; Czech car manufacturer Škoda achieves a historic sales record; one in three German investors would no longer choose the Czech Republic as a place for investments today; the CEO of a troubled lottery company offers a cash reward for information on persons behind a prank; and the Czech restaurants’ association protests the discontinuation of tax incentives for meal tickets.

In this week’s Business News: An internet website focussing on bank fees reports Czech banks charge hundreds of millions in fees per day; the new ‘super employment office’ – aimed at saving operational costs – begins operation; Czech national carrier ČSA ends a codesharing contract with Air France; energy giant ČEZ reports the temporary shutting down of a unit at the Dukovany nuclear power plant; and Škoda Auto places eighth in a UK warranty company survey.