An annual competitiveness report compiled by the IMD Business School in Lausanne, Switzerland, puts the Czech Republic 29th on a ladder of sixty-one countries. Its present ranking, four notches higher than last year, confirms a turnaround in the country’s performance which was first reflected in the Global Competitiveness Report published by the World Economic Forum last September.
This Sunday, President Milos Zeman has called a meeting at Lany Chateau with the country’s prime minister, finance minister and central bank governor to discuss plans for the speedier adoption of the single European currency. Prime Minister Bohuslav Sobotka revealed the news in an interview for commercial radio station Rádio Impuls on Tuesday. At the same time, he stressed, adoption of the euro was not something which would happen during this political cycle.
Rumours are circulating that a major car manufacturer is eyeing up locations in Central Europe for a new plant. And top of the range producer Jaguar Land Rover, owned by India’s Tata Motors, is usually singled out as the likely investor. According to various sources, the Czech Republic, Slovakia, Poland, and Hungary are in the running for the massive investment.
The agriculture ministers of the Visegrad countries, along with Bulgaria, Romania and Slovenia, agreed on Tuesday on a joint statement in which they are calling on the European Commission to take measures to hamper the allegedly excessive economic power of retail chains in relations with their suppliers.
Inhabitable containers or cabins bear a passing resemblance to a giant Lego set – which can be built up or used for various needs, from company offices to construction site headquarters. One Czech firm, writes Novinky.cz, is supplying more than 2,000 units to Berlin to be used as emergency housing for refugees.
Forgotten Czech net bag makes a comeback
Iconic Czech brands that survived competition from the West after the fall of communism
Czechs and Germans in 1930s Czechoslovakia: a complex picture
Cold War “king of Šumava” story brought to life in new film by Irish director
Unions: Strike Wednesday will hit most Czech schools