The International Monetary Fund might create new policy for indebted countries to get large loans. New lending rules should drop the exception that enabled Greece to obtain a loan in 2010 without having to first restructure its debt. The proposed changes aim to give flexibility to 2002 rules applyin...

On Thursday 19th June the results of jubilee 20th edition of Czech TOP 100 ranking were announced during the ceremony at the Prague Castle. Czech TOP 100 is a ranking of most successful enterprises that is divided to various categories for example by their revenues, exports, number of employees. Spe...

According to the World Bank, further EU sanctions on Russia could significantly harm both sides. Russian government's revenue would decrease by 10 per cent of GDP. European gas prices would surge 50 per cent or about 0.15 percent of GDP. Ukraine situation is estimated to have eroded 1 percentage poi...

On its meeting on 9th May Czech government started the debate on Czech national budget for 2015. Fulfilling one of its electoral promises the government drafted budget incomes and expenditures where the deficit would not be higher than promised 3 % of GDP. As for the numbers it should be 100 bn Czec...