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Listed tax dodgers safe for now
19.03.08 21:40 Filed in: The Prague Post Investigators worldwide are trawling through a list of more than 1,250 suspected tax evaders who stashed their money in the small European state of Liechtenstein, a notoriously opaque tax haven. But Czechs are not among those poring over the records, initially obtained by the German government through a [...]
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Bribery exposed in Tesco affair
09.04.08 15:55 Filed in: The Prague Post While hints and complaints of corruption regularly make the rounds in Prague business circles, rarely have such charges surfaced as prominently as they did in a recent case involving British retailer Tesco. Prague 1 Municipal Court recently convicted one of Tesco’s former executives, Daniela Cepková, on attempted fraud [...]
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Retail building outpaces demand
11.06.08 22:11 Filed in: The Prague Post A glut of shopping space rises in the center of Prague Shopping centers in Prague are opened at too fast a rate, a new study by the Austrian research company RegioData suggests. “Regardless of the location, too much retail space has been created in a number of Central [...]
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Euro intro unlikely by 2012
24.10.07 17:45 Filed in: The Prague Post PM Topolánek says earlier target dates would be ‘irresponsible’ In a televised debate with his Slovak counterpart, Robert Fico, Nov. 18, Prime Minister Mirek Topolánek (Civic Democrats) said it would be “irresponsible” for the Czech Republic to adopt the euro by 2012. The debate marked the first time [...]
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A new solution for outsourcing
03.10.07 15:35 Filed in: The Prague Post From Brno to Bangalore, firms bridge continents with chores Outsourcing, once the somewhat simple process of moving the entire back office of a major company to India or China, is getting more sophisticated. Firms are beginning to divide their offshore operations across continents, using near-shore locations in Central [...]