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Czechs want to be entertained and are willing to pay for it. That is the conventional thinking at the moment according to daily Mladá fronta Dnes. Recently, the paper interviewed the former head of the Prague Zoo, Petr Fejk, who is reportedly looking for investors in a 200 million crown project just outside the capital. According to the former zoo man, Czechs don’t want Disneyland but something more. Others, meanwhile, have been even quicker to get in on the action.

Following the first ever joint tripartite meeting of Czech and Slovak representatives on Monday, Czech Prime Minister Bohuslav Sobotka said he wanted the Czech Republic to bring the country’s minimum wage to the level of Slovakia’s. This will mean bigger hikes than anticipated.

The favourite destination for Chinese shoppers in Europe is usually Paris, but the private investment group CEFC has been on a veritable spending spree in Prague and the Czech Republic. In the basket have gone stakes in a major brewery, travel company, Czech investment group, famous football club, and a few choice pieces of real estate in Prague.

Czech energy group ČEZ has an interesting publicity stunt in which it gives a statistic for the week. It’s usually some self-promotional stuff about the number of electricity pylons it has, donations to charity, or power plant output. This week’s statistic that sticks in the mind though came from outside: the 100,000 crowns a month that has been paid to a top ANO politician for not very specific advisory services.

One of China biggest private corporations, CEFC China Energy, has underlined its Czech ambitions with two major real estate deals and the planned acquisition of almost a third of the aggressive Czech investment group J&T.

Czech development company TelPro has come up with a new cloud software application that helps uncover counterfeit goods. The so-called Authentizer application for mobile phones is already being used by several producers of alcoholic drinks.

Tourists in Prague in the summer generally aren’t afraid to splurge during their holiday but a study by Prague City Tourism suggests that visitors this summer were a little thriftier than the last winter season. Aside from transportation and accommodation, tourists spent the most at restaurants, but a touch less than in the past.

Czech construction company PSG reportedly has revoked its contract to build a gas-fired power plant in sub-Arctic Siberia with the state-controlled Czech export bank and insurer looking at what could be a major hit from the project.

The Czech Republic has the fastest growing economy in Europe, according to revised growth estimates from the Czech Statistical office released on Friday. The revised figures have confirmed the 4.4 percent growth in the second quarter of the year compared with the same period last year.

The Czech government and owners New World Resources are likely to have to renegotiate state support aimed at extending the life of the Paskov mine, one of the biggest employers in the Moravian Silesian Region, the minister of industry and trade, Jan Mládek, told cabinet colleagues on Wednesday.