Friday, 18 January 2019
Business | Radio Prague

Tuesday's vote against PM Theresa May's Brexit deal has raised fresh concern in the Czech Republic regarding the uncertainty that lies ahead and the possibility of a "hard" Brexit. According to the leading Czech business daily Hospodářské noviny a "hard" Bexit would result in a drop in direct and indirect Czech exports to Britain and the loss of an estimated 40 thousand jobs on the home market.

National | Business | Prague Daily Monitor

A few thousand citizens attended a commemoration of Jan Palach's death, fifty years ago, to protest the end of the Prague Spring and the subsequent Soviet invasion. Palach's act of self-immolation came to define the Soviet invasion globally and inspired a number of Czech dissidents.

National | Business | Prague Daily Monitor

Writer, political scientist, lecturer and former dissident, Rudolf Kučera passed away in Prague, on Tuesday, according to a statement released by the Jan Evangelista Purkyně University, in Ústí nad Labem.

Prague | Business | Prague Daily Monitor

Czech Television reports that the Václav Havel Airport in Prague will shortly embark on a project to expand its parking facilities and to construct a new glass skywalk. The airport spokesperson stated, that the current parking capacity was insufficient, given the massive growth in passenger numbers, over the last few years.

Business | Radio Prague

Prime Minister Andrej Babiš has set out for South Asia this week. Together with Industry Minister Marta Nováková and a delegation numbering dozens of Czech business representatives, the PM is visiting important economic hubs in the region. Expanding science, research, education and defence cooperation is also on the agenda.

Business | Brno Daily

From 17-20 January, two tourism exhibitions will take place at Brno Exhibition Centre, showing off the best that South Moravia has to offer while also informing Brno residents of some of the opportunities available to them in other countries.

Czech Republic and the EU | Business | EurActiv

A number of factors ranging from the end of milk quotas to economic sanctions against Russia and Brexit, have put pressure on the EU milk market, leading Czech industry experts to call for reinstating the quota system.

National | Business |

In 1969, the Czech student Jan Palach self-immolated to stir his compatriots. He called himself "Torch No. 1" and warned the leaders of Czechoslovakia that others would follow his example if change did not come.

Finance | Reuters

The Czech National Bank probably has not finished raising interest rates, central banker Vojtech Benda said on Wednesday. "There was quite the marathon of five hikes we delivered during 2018 and probably we are not finished yet," Benda said during a panel discussion at a Euromoney conference on central and eastern Europe.

Czech Republic and the EU | Business | The Guardian

Two more European Union states, Poland and the Czech Republic, have said they are preparing emergency laws to allow Britons to stay to work in their countries legally in the event of a no-deal Brexit. The Czechs say their draft law will mean the estimated 8,000 Britons living in the country are exempt from normal immigration laws until the end of the December 2020. With a 21-month exemption period, it appears to be the most generous of proposals made so far by any member state for Britons settled in the bloc.

Business | Radio Prague

PM Andrej Babiš boasts that his government has achieved an unprecedented level of investment and motorway construction. Meanwhile, a survey by domestic watchdog Hlídač státu has underscored the sluggish pace of that construction over the past 15 years compared to that of comparable EU member states.

National | Business | Prague Daily Monitor

Czech Television reports that heavy snow and strong winds continue to batter the mountainous regions of the country, as a Level 4 avalanche threat was declared, in the Krkonoše Mountains and a number of roads were closed.

National | Business | Brno Daily

A pursuit that began in Slovakia due to speeding finally led to the arrest of the driver in South Moravia, and the discovery of eight Iraqi nationals in the car.

National | Business | Radio Prague

Fifty years ago on January 16, a young Czech university student named Jan Palach doused himself in petrol and set himself alight at the top of Prague's Wenceslas Square. Three days after staging this desperate attempt to rouse a demoralised Czechoslovakia in the face of Soviet occupation, he died in a burns clinic. Though his immediate political goals failed, Jan Palach inspired and steeled the resolve of countless others to fight for freedom during the two decades of 'Normalisation' that followed the crushing of the Prague Spring.

National | Business | Prague Daily Monitor

Foreign Minister Tomas Petříček (ČSSD) told the Senate Committee for European Affairs, on Tuesday, that the country was prepared for whatever variant of Brexit, that occurs, at the end of March.