March 3, 1999
Becherovka, the mysterious herbal liqueur in the green, flask-shaped bottle, faces another trademark wrangle that threatens to divorce the aperitif from its largest export market.
The challenge from a Slovak distillery claiming to have obtained a 20-year right to produce the famous beverage also may make it difficult for the liqueur's producer, Jan Becher-Karlovarska Becherovka, to meet export quotas tied to the firm's 1997 privatization.
Showing posts with label Prague Post. Show all posts
Showing posts with label Prague Post. Show all posts
Friday, October 09, 2009
Economy searches for growth, answers
Dec. 23, 1998
Three quarters of GDP decline, falling exports may force changes Czechs can spend their way out of the deepening recession by mid-1999, economists said, but structural economic changes at home and revived exports are needed for longer-lasting growth.
It's the same old story, analysts said, but three consecutive quarters of negative gross domestic product (GDP) — showing the country plunging deeper into recession — may finally force Czech industry and the country's government leaders to make changes.
Three quarters of GDP decline, falling exports may force changes Czechs can spend their way out of the deepening recession by mid-1999, economists said, but structural economic changes at home and revived exports are needed for longer-lasting growth.
It's the same old story, analysts said, but three consecutive quarters of negative gross domestic product (GDP) — showing the country plunging deeper into recession — may finally force Czech industry and the country's government leaders to make changes.
Economic balancing act for Mertlik
Aug. 5, 1998
Pavel Mertlik walks a tightrope stretched between not only regeneration of the Czech economy and the country's burdened budget but also between expectations and reality.
That puts Mertlik, the newly anointed deputy prime minister responsible for economic policy, in a difficult position. As the Social Democratic (CSSD) government considers cutting corporate taxes, Mertlik also is pushing for increased taxes on cigarettes, alcohol and gas. In addition, he is promoting industrial restructuring that likely will boost unemployment.
It's the kind of talk that many investors have been waiting to hear. But Czechs, Mertlik said, may be baffled.
Pavel Mertlik walks a tightrope stretched between not only regeneration of the Czech economy and the country's burdened budget but also between expectations and reality.
That puts Mertlik, the newly anointed deputy prime minister responsible for economic policy, in a difficult position. As the Social Democratic (CSSD) government considers cutting corporate taxes, Mertlik also is pushing for increased taxes on cigarettes, alcohol and gas. In addition, he is promoting industrial restructuring that likely will boost unemployment.
It's the kind of talk that many investors have been waiting to hear. But Czechs, Mertlik said, may be baffled.
Foreign investors eye new Slovak opportunities
March 3, 1999
Its cheap, skilled labor and central location make Slovakia ripe for foreign investment. At least that's the impression European Union officials and the young coalition leading the country would like to give.
The fact, analysts say, is that anything looks good to potential investors after six years of government by former Prime Minister Vladimir Meciar. And some companies are not waiting to see whether the four-month-old coalition of Prime Minister Mikulas Dzurinda will continue to hold firm; they trust the early signals.
Its cheap, skilled labor and central location make Slovakia ripe for foreign investment. At least that's the impression European Union officials and the young coalition leading the country would like to give.
The fact, analysts say, is that anything looks good to potential investors after six years of government by former Prime Minister Vladimir Meciar. And some companies are not waiting to see whether the four-month-old coalition of Prime Minister Mikulas Dzurinda will continue to hold firm; they trust the early signals.
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