Boom in vinyl records means record year for turntable maker

SEV Litovel produces record of 96,000 gramophones in 2014, hopes to break 100,000 in 2015 Add a comment

Most Czech exporters feel lower demand from Russia

Almost all Czech companies plan to stay in Russian market in the long term Add a comment

FinMin improves GDP growth estimate

But outside factors such as developments in Russia and Greece still pose a risk Add a comment

Shadow economy is over 600 billion Kč

Two-thirds of the shadow economy in Europe is the result of undeclared work Add a comment

Oil prices changing the face of global geopolitics

‘Some have speculated that the oil price crash was orchestrated by the Saudis, possibly in collusion with the United States’ Add a comment

TTIP has a potential impact on third countries

Germany’s Ifo Institute and the IAW Tübingen examine the pending EU-US trade deal Add a comment

Czech firms doing better in Slovakia than local firms

Analysis: Companies owned by Czechs had higher profit and sales Add a comment

ECB announces expanded asset purchase program

Step is intended to address risks of prolonged low inflation Add a comment

ČR falls behind Slovakia in GDP growth

German economy is putting a limit on Czech expansion in the next few years, economist says Add a comment

Unions oppose large ČSA wage cuts

Management of Czech Airlines wants substantial concessions Add a comment

Value of the crown plummets

Czech currency weakens to nine-year against dollar, six-year low against euro Add a comment

Top five factors affecting oil prices in 2015

China, OPEC and American shale are among the factors to watch Add a comment

Businesses want stronger crown

Czech companies would welcome crown at 23.68 /euro Add a comment

Energy crisis as early as 2016

Low prices could just be temporary if supply drops Add a comment

Analysts: Further crown depreciation unlikely for now

Some experts say Czech crown may hit 30 to the euro in case of deflation Add a comment

Crown at weakest level since 2009

Czech crown hits 28 to the euro in reaction to inflation data Add a comment

Economic events expected in 2015

Trade fairs, expansion of the metro and the release of key economic figures are scheduled Add a comment

Czech minimum wage rises

Increase was part of a deal involving who would be EU commissioner Add a comment

Debt rises sharply in November

Czech National Bank releases data on debt held by households and corporations Add a comment

Did the Saudis and the US collude in dropping oil prices?

‘If in fact a deal was struck, it would make sense, considering the long-simmering rivalry between Saudi Arabia and its chief rival in the region’ Add a comment

Analysts paint rosy picture

Recovery is main feature of Czech economy this year    Add a comment

FinMin looking to raise gambling taxes

Some taxes may double under new plan, but industry experts say it will backfire Add a comment

Ownership of Czech Airlines changing

European Commission approves acquisition of joint control over Czech carrier Add a comment

Russian economy may hurt growth in Europe

Prime minister, industry analysts see negative impact of falling ruble Add a comment

More companies plan to give raises

Nearly 43 percent of Czech firms want to raise wages next year, but 5 percent plan cuts Add a comment

Finance Ministry: Don’t set euro date

Czech Republic met criteria but hasn’t entered the ERM-II ‘waiting room’ Add a comment

Impact of sanctions on Russia still to come

Foreign Ministry says inflation and loss of foreign capital will increase next year Add a comment

Arms makers strike deals in Afghanistan

Czech firm may repair T-55 tanks; upgrade armored vehicles Add a comment

Fitch: Recovery remains fragile

Ratings firm sees one-in-three chance of recession in 2015 Add a comment

Oil price tumbles after OPEC releases 2015 forecast

‘OPEC refused to lower its production levels below 30 million barrels a day, adding to the oil glut’ Add a comment