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Lenders nod to state development fund, in order to avoid bank tax

Lenders operating in the Czech Republic have agreed to contribute to a state development fund designed to cover increased public spending during a global economic slowdown in order to avoid the threat of a bank tax that would present an even bigger drain on their income.

 
 
Business
 
 

2017 law governing wine sales remains…

Two years after a law aiming to clamp down on bootleg wine sales and low quality wines came into force it still sparks…

 
 
Business
 
 

Czechs set to go beyond EU proposals on…

The Czech government is poised to amend the Food and Consumer Protection acts so as to ban the practice of “dual…

 
 
Business
 
 

Czech company tax among the most…

The Czech Republic’s system of company tax is one of the most complicated in the EU, claims a study made in…

 
 
Business
 
 

Czech unions seek to force employers to…

Companies in the Czech Republic will have to accurately track their employees’ working hours. Otherwise they will come…

 
 
Business
 
 

Major new residential and office…

A new residential and office quarter is set to go up in the Prague 10 district that will contain up to 650 apartments…

 
 
Business
 
 

Czech Republic facing serious shortage…

In the last few decades the number of teenagers who opted to become skilled tradesmen and women has seen a steep…

 
 
Business
 
 

PM: State of food security…

Czech Prime Minister Andrej Babiš described the country’s agricultural self-sufficiency as catastrophic in a speech to…

 
 
Business
 
 

Extension of controversial electronic…

Prime Minister Andrej Babiš’s (ANO) bid to extend the scope of the electronic cash register system known as the “EET…

 
 
Business
 
 

Lorry drivers and crane operators…

Unemployment rates in the Czech Republic have been the lowest Europe-wide for some time now. The latest data on…

 
 
Business
 
 

Czech PM’s request for share of bank…

Czech Prime Minister Andrej Babiš caused a stir in Central Europe’s banking sector when he suggested that lenders in…

 
 
 
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Related articles

 
Business
 
 

Lenders nod to state development fund...

Lenders operating in the Czech Republic have agreed to contribute to a state development fund designed to...

 
 
Business
 
 

2017 law governing wine sales remains...

Two years after a law aiming to clamp down on bootleg wine sales and low quality wines came into force it...

 
 
Business
 
 

Czechs set to go beyond EU proposals...

The Czech government is poised to amend the Food and Consumer Protection acts so as to ban the practice...

 
 
Business
 
 

Czech company tax among the most...

The Czech Republic’s system of company tax is one of the most complicated in the EU, claims a study made...

 
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