CEZ considers sale of power plants to Czech Coal
Czech power group CEZ has renewed talks with Czech Coal over supplies and is also considering selling its Pocerady and Chvaletice electricity plants, newspaper Hospodarske Noviny reported on Tuesday. The two companies ... 

Source http://www.reuters.com/article/2012/01/31/cez-czechcoal-idUSL5E8CV1AG20120131
Czech Republic refuses to join EU fiscal pact
The Czech Republic joined Britain in refusing to sign up to an EU pact on fiscal discipline on Monday, Sweden's prime minister said, but diplomats indicated that Prague may still change its mind. "All countries declared their intention to take ...

Source http://news.ph.msn.com/business/article.aspx?cp-documentid=5823880
Czech violinist Ivan Zenaty joining faculty at Cleveland
Ivan Zenaty, an admired Czech violinist and teacher, will join the violin faculty at the Cleveland Institute of Music this fall. Zenaty is the second major faculty appointment that Joel Smirnoff, the institute's president, has announced in ...

Source http://www.cleveland.com/musicdance/index.ssf/2012/01/admired_czech_violinist_ivan_z.html
Westinghouse Announces Exclusive MOU With Czech Firm
Westinghouse Electric Company today announces the signing of an important and exclusive Memorandum of Understanding (MOU) with Czech company Metrostav a.s., in preparation for the potential construction of W ... 

Source http://finance.yahoo.com/news/westinghouse-announces-exclusive-mou-czech-180000065.html
Czechs balk at lending IMF money to help eurozone
The Czech Republic's prime minister says his country will not contribute €3.5 billion ($4.5 billion) to the International Monetary Fund as part of efforts to stabilize the European debt crisis, saying the sum would have to be "significantly lower."

Source http://www.msnbc.msn.com/id/46039197
Explosive Czech Petra Kvitova is planning
Explosive Czech Petra Kvitova is planning to blast her way through the deadliest women's draw in Australian Open history. Believing she has the power game to reign on every grand slam surface, Kvitova won't die wondering in her pursuit of Open ...

Source http://msn.foxsports.com/tennis/story/Explosive-Czech-Petra-Kvitova-is-planning-17502294
Facebook group wants Czech leader renamed Havel
A petition poking fun at a drive to rename everything in the Czech Republic after the late former president Vaclav Havel has become a Facebook hit: now they want President Vaclav Klaus renamed too. By Wednesday, a tongue-in-cheek petition calling for the ...

Source http://news.yahoo.com/facebook-group-wants-czech-leader-renamed-havel-003530117.html
"No big plan needed for potential euro breakup"
The Czech central bank is thinking about the consequences of a potential euro zone breakup, but the state of the the country's economy means it does not need a "big plan", central bank Governor Miroslav Singer said on Wednesday ... 

Source http://www.cnbc.com/id/46036860/No_big_plan_needed_for_potential_euro_breakup_Czech_cbanker
Czech cbank chief: new orders only encouraging signal
VIENNA, Jan 18 (Reuters) - Czech companies continue to receive new orders, which is the only encouraging factor in the central European economy, central bank Governor Miroslav Singer said on Wednesday. "It still seems that companies have orders, which is ...

Source http://www.cnbc.com/id/46036730/Czech_cbank_chief_new_orders_only_encouraging_signal
Morning Briefing: Polish Labor Data, Czech EU Support Eyed
Polish labor market data Wednesday may provide regional markets with further proof that the European economic cooling is impacting central Europe's largest country, while the Czech government will discuss euro-zone bailout plans. Poland's ... 

Source http://blogs.wsj.com/emergingeurope/2012/01/18/morning-briefing-polish-labor-data-czech-eu-support-eyed/
Czech Jobless Rate Falling
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PRAGUE - CZECH unemployment fell to a rate of 8.7 per cent in May from 9.2 per cent in April, posting the third straight decline as the country kept recovering from the global crisis, official data showed on Tuesday.

Employment offices registered 499,222 job seekers ready to start work at once, a drop of 24,369 people against April and an increase of 52,771 against May 2009, said the ministry of labour and social affairs.

'The labour market is becoming stable. The Czech Republic will definitely fail to surpass the 10-per cent level,' said Petr Dufek, an analyst with CSOB bank in Prague.

In May 2009, unemployment reached 7.9 per cent and was growing steadily as the global economic crisis hit the central European ex-communist country of 10.5 million.

The jobless rate grew between November 2008 to March this year.

Sources: Startimes.com, AFP
 
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