A law passed last year forces large stores in the Czech Republic to shut their doors on seven state holidays every year, including at Christmas. However, the issue is now back in the news, with the opposition Civic Democrats pushing to have the legislation overturned and the governing ANO declaring a neutral stance.
The Christmas shopping spree in the Czech Republic hit its peak on Monday, December 11, with Czechs spending more than one billion crowns in e-shops in a single day, the Association for Electronic Commerce said on Wednesday. According to the price comparison website Heureka.cz, online stores recorded nearly two-and-a-half million orders.
According to the statistics office Eurostat, the Czech Republic is the biggest exporter of toys to non-EU states from the entire EU. In its report, Eurostat confirmed that Czech production last year accounted for 32 percent of the EU’s overall toy exports outside the EU, worth a total of 1.5 billion euros in all.
India with its population of around 1.4 billion and growth rate for 2016 of just over 7.0 percent is clearly an appetising market for anyone. But it’s sheer size, reputation for bureaucratic obstacles, and the time and expense of opening markets also makes it a daunting challenge for most exporters.
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