Friday, 19 December 2014
Business | Radio Prague

With low oil prices and EU sanctions hitting the Russian economy hard, the country's currency the rouble tumbled to a record low against the U.S. dollar on Tuesday. Interventions by Moscow, including a steep hike in interest rates, have led to a slight recovery on Wednesday, though trading was still described as volatile. Given that some 4 percent of the Czech Republic's exports go to Russia, what impact could the rouble's problems have on the Czech economy?

Business | Radio Prague

The Kolín-based automobile manufacturer TPCA will lay-off some 500 agency-hired staff. The reason for the reduction, are fewer models to be produced in 2015 than originally projected: some 220,000 vehicles. Layoffs should not affect regular employees.



Business | Radio Prague

The firm Uniles, part of the Agrofert Group owned exclusively by Finance Minister and ANO party leader Andrej Babiš, has won eight logging and sales contracts from the state-owned forestry firm Lesy ČR.

Finance | Radio Prague

The Czech Republic's public debt should this year reach CZK 1.663 trillion, some 20 billion less than in the previous year, Finance Minister Andre Babiš said. If Mr Babiš's estimate proves correct, the public debt would decrease for the first time since 1995.

Business | Reuters

Shareholders in O2 Czech Republic on Wednesday approved extending a loan of up to CZK 24.8 billion to the telecom company's majority owner PPF, the investment group of the wealthiest Czech, Petr Kellner.

National | Bloomberg

A 56-year-old Czech man was in critical condition after setting himself on fire at Wenceslas Square in the center of Prague, according to the city's Emergency Medical Service.

Life | Radio Prague

With Christmas just around the corner, a search is underway in many households' attics or basements for ornaments that will – in due time – decorate the Christmas tree.

Arts | The Prague Post

A new production, a bit loosely based on the 1800 play Mary Stuart by Frederich Schiller, transposes the royal court intrigue of Golden Age England to a modern fashion runway.

Opinion | Transitions Online

The Syrian refugee crisis may force the Czech government and most citizens to rethink their 'Who, us?' stance on migration.

Sport | Radio Prague

After months of speculation, Czech tennis men's No.1 Tomáš Berdych announced he will have a new coach for 2015: Venezuelan former player Daniel Vallverdu.