Iran: EU oil sanctions ´unfair´ and ´doomed to fail´

22.02.2010
23.01.2012
Iran has said an oil embargo adopted by European Union foreign ministers over the country´s nuclear programme is "unfair" and "doomed to fail".

Yahoo co-founder Jerry Yang resigns from its board

15.02.2010
18.01.2012
Jerry Yang, the co-founder of Yahoo!, has resigned from its board.

Eurozone inflation rate falls to 2.7% in December

08.02.2010
17.01.2012
The eurozone inflation rate fell to 2.7% in December, down from 3% in November, according to revised figures from the EU statistics agency.

Škoda plans some production shifts

11.01.2010
Prague, 11.01.2010
Škoda Auto is planning to move assembly of the Octavia model from Slovakia back to the Czech Republic. However, a new model — which has not been unveiled and will reportedly be the smallest model yet — will apparently be produced in Slovakia.

Business news, week 01

04.01.2010
Prague, 04.01.2010
In Business News this week: a surprise rate cut from the national bank; Škoda Auto sees encouraging November sales; Prague drops down list of choice business locations; auctions bring reality to real estate market; and finance ministry bids for a stake in poker proceeds.

Yearender: Tumultuous year 2009 in the Czech Republic

28.12.2009
Prague, 27.12.2009
Not for long years did the Czech Republic make headlines in international media as it did in 2009.

Investments in ČR show signs of slight recovery

21.12.2009
Praha, 21.12.2009
A leading global supplier of aircraft components Honeywell International is set to build a new production hall in Hlubočky near the Moravian town of Olomouc.

Week 49/2009 in CzechNews

14.12.2009
Prague, 14.12.2009
A two-week diplomatic marathon on global climate change has kicked off in Copenhagen with delegates hailing from 192 countries.

Challenging roadmap to euro adoption

07.12.2009
Prague, 07.12.2009
The global financial crisis put heavy breaks on the plans to adopt the common European currency by the major CEE countries. After having proudly joined the European community in 2004, Poland, the Czech Republic and Hungary missed the opportunity to start the procedure right after accession, unlike their neighbor, Slovakia.

Czechs surprised by important chair in Brussels

30.11.2009
Prague, 30.11.2009
After months of speculation as to whether the Czech Republic would keep its chair in the European Commission and what the role of the new Czech commissioner might be, surprising news came from Brussels—Štefan Füle, former Minister for European Affairs, has been named EU Commissioner for Enlargement.

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