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Greek crisis endangers mainly Czech exporters

A new Greek currency would hurt exports but may boost tourism there
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TPCA increased production in H1

Central Bohemian carmaker produces 38 percent more year-on-year
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Four CE countries' growth outlook improves

Raiffeisenbank says countries showing real growth in Q1
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PM: Greece can’t be kept in eurozone against its will

Most Czech politicians see Greek exit as strong possibility
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New car sales up 20 percent in H1

Škoda, VW and Hyundai lead local market; companies main buyers
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ČNB:GDP data confirm start of robust growth

Bank board members say any labor shortage can be fixed wit foreign workers
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ČNB’s Lizal: Greek crisis won’t directly influence ČR

Experts say the Czech economy has little exposure to Greece and can withstand the relates shocks
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Fewer than one in four see economy as good

Recent poll shows most optimistic outlook since 2008
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Why Buffett Bet A Billion On Solar

Abundant renewable power, is getting cheaper, while gasoline from finite fossil fuels may get more expensive
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Expect a Wave of Consolidation in the Oil Industry

‘The revival of the US oil industry will occur after the upcoming consolidation’
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Gov’t approves creation of agency to promote business

New agency will focus on entrepreneurship, innovation
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Carmakers raise sales in 2014

Industry sees 15 percent rise is sales of cars and parts
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Škoda’s growth continues in May

Company saw growth in key Europe and and Asian markets
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Singer: Stay the course

ČNB: No need to change central bank policy because of economic data
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The Evolution Of The Oil Weapon

'The oil weapon first came into existence in 1965, when Egypt nationalized the Suez Canal'
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Aeroholding won’t provide more support to ČSA

Czech Airlines is following restructuring plan aimed at ending losses
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Sobotka: Government won't set euro date

Prime minister says country needs to take gradual approach to single currency
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Nazarbayev: Astana will be regional financial center

Two-day global summit highlighted by speech from president of Kazakhstan
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Are US Drillers Actually Making A Comeback?

Is US shale about to make a comeback?
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Astana Economic Forum puts focus on Central Asia

Eighth forum brings high ranking current and former officials to Kazakh capital
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Annual inflation at zero in EU, eurozone

Dropping fuel prices are the biggest downward factor, while restaurant prices are up
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Czech Tax Freedom Day is June 5

Best result since institute started calculations
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British Chamber of Commerce wins award

Czech branch recognized for its contributions to bilateral trade and support for local business community
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Czech arms export rising steeply

Volume of exports is triple what it was a decade ago
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Czechs score windfall from hockey tournament

Ice Hockey World Championship to bring in 1.5 billion Kč
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70 percent of Czechs reject euro

Romanians, Hungarians, Bulgarians and Croatians favor the currency
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Czech women working abroad to be paid maternity leave

Women must return to CR from work at least once a week
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EC could approve all operational programs by June

Regional development minister says EC is taking accommodating approach
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Underemployment plagues women, Southern Europe

Millions of people across the EU want to work more but can’t find the extra hours
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Oil Price War May Benefit Both US Shale And Saudi Arabia

‘The life raft for US oil producers so far has been its hedging at higher prices’
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