The Czech Export Bank has renewed loans for exports to Russia, which were suspended last December, due to the market situation in the country. According to the bank’s CEO Jan Bureš the bank board decided to renew loans after the Russian ruble stopped weakening in January and is likewise taking measures to minimize its losses in the country.
Just a few years ago unmanned drones were used primarily by the military or a niche hobby; today, novinky.cz writes, the situation has changed, with plenty of firms producing unmanned flying devices hoping to profit generously. What’s more, the government is aiming to create a special test area in Brdy, a former military zone south of Prague. The site could be used by both state institutions and private firms.
Chinese tourists are spending big money on their foreign travels and countries with tourist industries are vying to attract their attention. The Czech Republic, which recently “reset “relations with China, is among the contenders, with plans to introduce a direct air connection between Prague and Beijing and cultural exchanges focused on highlighting the many tourist attractions of the Czech capital.
Around eight million foreign tourists came to the Czech Republic last year, 3.5 percent more than in 2013, according to freshly released figures from the Czech Statistics Agency. There was a marked decline in visitors from Eastern Europe but that fall was offset by a jump in travelers from China and South Korea. The overall upswing has been chiefly attributed to the weakness of the Czech currency, the crown.