Countries across Europe are facing an imminent lack of teachers and unless they take action they may soon face a serious problem, according to a 2015 report released by the European Commission. The Czech Republic is on the list and the commission has strongly advised taking coordinated measures to recruit new teaching staff.
Škoda Transportation is one of Europe’s leading rail carriage and tram producers. But while it has successfully built up worldwide sales, Western European markets have not produced the contracts that had been hoped for. The acquisition of a controlling stake in Finland’s biggest rail carriage and tram producer could help crack that problem.
The biggest drought in over a decade is expected to take a heavy toll on the harvest and particularly small and medium sized farmers with inadequate irrigation facilities are expected to be hard hit. According to preliminary estimates Czech fruit and vegetable growers will see a 30 percent loss in profits.
While Czech companies have seen healthy growth in their profits in the last year and a half, their employees have seen little change in their pay packets, Hospodářské noviny reported on Monday. Firms are instead opting to reinvest their gains or use them to cover losses sustained during the crisis, the business daily said.
New legislation will make it impossible for companies to use suggestive logos or slogans designating “Czech quality” in foodstuffs which by and large are produced elsewhere, news website iDnes reports. Instead, one logo – a picture of the Czech flag underlined by the words ‘Česká potravina’ – will be available for use by companies that meet the necessary requirements: namely, that the foodstuffs in question are produced fully or largely in the Czech Republic and mostly from Czech ingredients.
The Czech Republic has an export-dependent economy with the bulk of exports going to EU member states. The recent economic crisis and sanctions against Russia led the Czech government to draft a diversification strategy in 2012 and place a strong emphasis on economic diplomacy. However figures just out show that, so far, it has produced scant results.