Czech Archives - Rvpg media

Praga Cars Chief Designer On The Czech Marque’s €1.28m Bohema Hypercar

Praga Bohema Praga Bohema is a €1.28m ($1.3m) hypercar inspired and tested by Formula 1 and IndyCar racing driver Romain Grosjean. Created by Praga Cars, the motoring arm of the 115-year-old Czech engineering and racing firm, the track-focused road car boasts a twin-turbo six-cylinder high-performance engine, targeting some 700 horsepower. Meanwhile, the carbon monocoque chassis … Read more

Czech Republic considers introducing supplemental health insurance

“Now we have two options. Either raising taxes systematically and allocating the money to the healthcare system or enabling those who are interested in taking better care of themselves to take part in the preventive programs and use screening in the form of a bonus and, at the same time, in the form of supplemental … Read more

State aid: Commission approves €1.23 billion Czech scheme to support the economy in the context of Russia's war against Ukraine – European Commission

State aid: Commission approves €1.23 billion Czech scheme to support the economy in the context of Russia’s war against Ukraine  European Commission Source link

Czech wage growth below 5% needed to tame inflation, central bank governor says

PRAGUE, Nov 14 (Reuters) – Czech central bank Governor Ales Michl said on Monday the state budget deficit needed to shrink and nominal wages should not rise too quickly next year, as the bank seeks to rein in inflation pressures. “For rate stability, we need two additional things that will cut the circulation of money … Read more

EMERGING MARKETS-Brazil’s real leads decline among Latam FX; Czech crown firms

By Susan Mathew Nov 3 (Reuters) – Latin American currencies fell on Thursday as the dollar rallied on a hawkish U.S. Federal Reserve and safe haven demand, while the Czech crown outperformed after its central bank promised continued intervention to support the currency. Extending declines from Wednesday when Fed Chair Jerome Powell said it was … Read more

Czech government wants windfall tax from 2023, but considers earlier start

Shares fall on plans to apply planned tax to 2022 profits Government had first sought tax in 2023-25 Finance Minister: government is leaning towards 2023 PRAGUE, Oct 19 (Reuters) – The Czech government favours applying a planned windfall tax on profits in the energy and banking sectors from 2023, Finance Minister Zbynek Stanjura said on … Read more

European Commission will present proposal on gas price cap on Tuesday – Czech minister

PRAGUE, Oct 17 (Reuters) – The European Commission will present a proposal on a mechanism to cap gas prices on Tuesday, Industry and Trade Minister Jozef Sikela of the Czech Republic, which holds the EU’s rotating presidency, said on Monday. According to a draft proposal, seen by Reuters, the Commission is set to propose a … Read more