New limits for public contracts come into force
05.01.2012
New financial limits for the purpose of the public procurement act categorising public contracts as below-the-limit and above-the-limit came into force on January 1. The Ministry for Regional Development (MMR) said that the limits are related to the ...
New financial limits for the purpose of the public procurement act categorising public contracts as below-the-limit and above-the-limit came into force on January 1. The Ministry for Regional Development (MMR) said that the limits are related to the directly applicable Regulation of the European Commission binding the Czech Republic and they are regularly updated every two years. The financial limit for construction work contracts, including construction work licences, was reduced to CZK 125.265 mln.
News
22.02.2012
CzechInvest mediated 233 investments worth CZK 33,67 in 2011
The CzechInvest promotion agency mediated 233 new investments in the total amount of CZK 33,67 bln (EUR 1,34 bln) last year. Foreign investors invested 13,5 bil. CZK, the remaining 20,17 bil. CZK was
23.01.2012
Czech Interest Rates and Inflation
Czech interest rates may be left unchanged at a record low through the year 2012 unless the economy shows a “surprise” buildup of inflationary pressures, acc. to the central bank Governor Miroslav Si