Minimum wage to rise substantially

Government ponders annula hikes for next few years Add a comment

All Eyes on Kenya: The Next Big Oil Exporter

Six of the last 10 biggest finds have been in Africa, where there are some 130 billion barrels of crude oil waiting’ Add a comment

Deputy finance minister: Country could return to two VAT rates

Simona Hornochová says the Czech Republic could see the reduced rate drop even further Add a comment

Nutella maker gets OK for merger

Ferrero can take over hazelnut firm Oltan Add a comment

Canada’s shale boom: more to come in Montney

‘The Middle Montney is proving that there is a very large liquids-rich fairway available with a potential for incredible returns and economics’ Add a comment

EU states need to do more to create real youth jobs

Czech MEP asks companies to provide apprenticeships and lifelong training Add a comment

Why China's insatiable appetite for coal has likely peaked

There are more reasons than the economic downturn; China is ‘decoupling’ Add a comment

Czechs raise the minimum wage to 9,200 Kč

Increase of some 700 Kč a month represents an 8.2 percent rise Add a comment

EU seeks better SME conditions

Public can submit comments until the middle of December Add a comment

Sobotka pushes through objections to sanctions against Russia

Final version of new EU sanctions will be voted on Monday Add a comment

Trade minister: Sanctions will hurt Czech oil supply industry

Mládek says losses in sales of equipment could be up to 5 billion Kč Add a comment

Soros signals Argentina’s shale is biggest place to be

Latin American country has some of the world’s largest deposits Add a comment

Survey: Brits want their EU rules renegotiated

Most businesses want changes but don't want to leave the EU completely Add a comment

China‘s Vice Premier Zhang Gaoli visits Škoda

Škoda's China portfolio expands to six models with the aim of delivering at least 500,000 vehicles annually Add a comment

Stock shows spirited first half

Producer of Božkov, Fernet continues to hold significant market shares in Central, Eastern Europe Add a comment

Summer season and the Prague Stock Exchange

The Czech bourse doesn’t show the real potential of the country’s economy Add a comment

Zeman: Central bank weakened crown to delay eurozone entry

Czech president says ČNB is scared of giving up many of its powers to the European Central Bank Add a comment

GDP rises in European Union

Year-on-year, GDP in the EU28 went up 1.2 percent Add a comment

Silver Octavias most popular used cars

Men favor powerful rides, while woman look for something practical Add a comment

Škoda sales grew by 18.8 percent in July

Strong growth in Western Europe, with Yeti and Rapid models doing the best while Fabia and Citigo lagged Add a comment

Czech firms may lose 2.5 billion Kč over sanctions

Trade minister: EU sanctions will have stronger impact than Russian food embargo Add a comment

New trends on the Czech hospitality market

Some big transactions, but no new big construction projects foreseen Add a comment

Deficit of state budget may be lower than expected

Finance minister says shortfall likely will not be as deep as previously projected Add a comment

Expert: US LNG won’t stop Russia using gas as a weapon

Author Michael Levi gives the bigger oil story behind the headlines Add a comment

Czech crown takes a nosedive

National currency hits a five-year low against the euro Add a comment

Billa wants to put more Czech food on shelves

Retail chain also plans to open 10 new stores a year throughout the country Add a comment

O2’s revenues fall in Czech Republic

But in neighboring Slovakia, telecoms firm sees surge in clients for its subsidiary Add a comment

Vítkovice Steel to shut down Ostrava plant

Union hopes to renegotiate with new owners, but plans are moving ahead to shut plant by Sept. 30, 2015 Add a comment

Where can you buy the world’s cheapest Big Macs?

‘The Economist’ ranks countries according to the price of the McDonald’s signature burger Add a comment

ČNB very unlikely to change intervention regime

Despite a board meeting this coming week, central bank will probably continue on current path into late 2015 Add a comment