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The government yesterday approved a strategy for adopting the euro in 2009 or 2010. The prerequisites for the transfer to the European currency are a successful consolidation of public budgets, a sufficient level of real convergence, and progress in structural...
#bank
A VAT Act amendment has passed into law that will increase VAT rates for selected services as of 1 January…
#debt collection#financial services#receivables
The Czech Credit Bureau (CCB), the company in charge of a privately run register of the credit risk of individuals…
Rushed adoption of the European single currency by the Czech Republic would be risky for the economy, which could suffer…
The Czech economy should adopt the euro in 2009-2010, says a document compiled jointly by Czech National Bank (CNB) and…
#bank#economy
No additional cuts in the corporate tax rate are likely beyond the government's current plan to reduce the rate from…
#forum#investment
The Czech Republic has attracted foreign investment worth Kc1.27 trillion (Kc127,000 per capita) the largest amount in central and eastern…
The Chamber of Deputies, the Czech lower house of parliament, has approved an amendment to the income tax cutting corporate…
Promising increased transparency and easier access to financing for small-and medium-sized businesses (SMEs), the Prague Chamber of Commerce, Czech Credit…
Savings bank Ceska Sporitelna is to launch a new money-lending programme Finesa that will provide loans to small- and medium-sized…
#bank#international#investment
The Czech Chamber of Deputies (the lower house of parliament) overturned a veto by President Vaclav Klaus on Tuesday (23…
#Bill#VAT
Deloitte & Touche and consultancy Adwise, together with the Czech government trade agency CzechTrade, have launched a new programme aimed…
Seven Czech leasing companies are working on launching their own client register following in the footsteps of five Czech banks…