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In Business News this week: Czechs woo California maker of electric cars; job creation incentives boosted; loans surge shows financial sophistication; Budĕjovický Budvar sees records tumble; and hangover for Heineken-owned breweries.

In Business News: mobile phone charges fall; hot news as publisher launches gas sales; Amazon sticks with ambitious Czech warehouse targets; purchasers rush for Prague’s new flats; and a Czech coal baron closes another peace deal.

In Business news: the central bank will continue with forex interventions until 2015, no more bearer stock certificates after January 1st, Moravia Steel acquires full ownership in Třinecké železárny and the state pays millions to assess the “drinkability” of Czech beer.

This week in business: Lower house approves next year’s budget; The crown hits a four-year low; Economic confidence went up in December for the fifth consecutive month; Businessmen Daniel Křetínský plans to buy the Axel Springer Ringier publishing group; Ostrava-based company Technoexport has won a contract to modernize two oil refineries in Iraq; Czech trams set to begin operating in Washington DC next year.

In this week’s business news: Industrial output has grown for the fourth consecutive month; The prime minister has announced that the interim government will not decide on coal mining limits; Tow more people have been charged in connection to the privatization of mining company OKD; Unemployment figures increased slightly in November; The Czech state debt has decreased in the past nine months.

This week in business news: Travel Service Airlines to buy 34-percent stake in Czech Airlines; Developer Metrostav files arbitration suit against Prague over Blanka tunnel payments; Nominal average wage has risen by 322 crowns, but real wages stagnate; GDP has fallen in Q3 by less than was expected; Mining company OKD will have a new director starting January; Industrial space is the fastest growing sector of the Czech real estate market.

In Business News this week: household energy prices to fall markedly in New Year; poll find most firms have experience of dodgy tenders; percentage of part-time job rises – but still lags EU; Czech e-tailers mark Black Friday; more shops selling fake goods, say inspectors; and 4 percent of Czechs don’t possess mobile.

In Business News this week: Czech economy set for sluggish recovery; Czech central bank interventions controversy continues; fast mobile frequencies auction yields no new operator; Czech tax regime among world’s most complicated.

This week in business news: Prime Minister Rusnok voiced his support for the National Bank’s intervention against the crown; The national bank improves its prognosis for economic growth in 2014; Unexpectedly, the economy contracted in the third quarter by 0.5 percent; Bulgaria’s energy regulator has allowed ČEZ to keep its distribution license in the country; Ryanair will renew flights between Dublin and Prague; Amazon faces opposition from local residents; Petr Kellner’s PPF buys the O2 Arena in Prague.

In Business News: the Czech National Bank has moved to weaken the crown, interest rates have been left unchanged at an all-time low, the PPF investment group has signed a deal to buy a majority stake in Telefonica Czech Republic and the clothing retail chain C&A is curbing its expansion plans after seeing a drop in profits.