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Czech watchdog finds significant discrepancies in ministry accounting

The Czech spending watchdog, the Supreme Audit Office, has submitted a caustic report on the accounting abilities of one of the country’s key ministries, the Ministry of Regional Development. It says cash flows worth billions of crowns was not properly registered in the books.

 
 
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Emission trading reform puts steelmaker…

European steel producers for the most part are doing well with key sectors such as construction and the car sector…

 
 
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European agency share out leaves bitter…

Prague and the rest of Central Europe lost out in the latest share out of European agencies across the continent. It…

 
 
Business
 
 

Czechs expect debt fuelled Christmas

Czechs are expected to spend on average 10,000 crowns for Christmas presents this year, which is an increase by about…

 
 
Business
 
 

Czech transport engineering jewel heads…

One of the most significant corporate deals in the Czech Republic has been announced with the purchase of Central…

 
 
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Škoda Auto step up strike threat

Unions at Volkswagen’s Czech manufacturer Škoda Auto are threatening to go on strike, claiming that the company doesn’t…

 
 
Business
 
 

Most Czechs profiting from discount…

Around seven out of 10 Czechs are getting discounted rates for Internet mobile phone use compared to than those being…

 
 
Business
 
 

Prague stands out for cluster of…

A study has perhaps surprisingly put the Czech capital Prague and its Slovak counterpart, Bratislava, out there as some…

 
 
Business
 
 

E-shops expecting record sales this…

E-shops in the Czech Republic are gearing up for Black Friday, the first major load test ahead of the Christmas…

 
 
Business
 
 

Czech financial sector strike threat…

The financial sector in the Czech Republic is one where some of the top paying jobs are to be had. But there’s a…

 
 
Business
 
 

Massive growth forecast for Czech…

The shared economy is already making waves in the Czech Republic, as continued demonstrations in the Czech capital…

 
 
 
 
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