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In a study published on 2011, April the 11th, 2011, the General Secretary of the OECD (Organization of Cooperation and Economic developments), Angel Gurria announced that the real growth of France should reach2 % in 2011. In a study published on 2011, April the 11th, 2011, the General Secretary of the OECD (Organization of Cooperation and Economic developments), Angel Gurria announced that the real growth of France should reach2 % in 2011. By raising its previous forecast, the OECD actually meets the figure announced by the French government. The recovery thus seems here engaged even if it still remains low towards the shock of the recession begun in 2008 which hardly affected both the public finances and the employment in France. The OECD seems all right with the IMF (International Monetary Fund) considering that the economic recovery will be slow. The domestic consumption is penalized by the purchasing power and by the strong unemployment rate especially for the young people …

The business environment in the Czech Republic has recently been subject to various changes. Changes stem from the natural development of the environment or from the current situation after the crisis. Managing Director or General Manager? Geschaeffstfuehrer or Director? The top job of a company (managing the company) is typically done by a statutory organ or by an employed person. We can call them the Managing Director (Geschaeffstfuehrer / Jednatel/legal representative) or, in the case of the employed person, the General Manager (Director / ředitel). Needless to say, each company has its legal representative. The point is that under Czech law one cannot hold the two positions . A Managing Director cannot be employed as director at the same time. This, nonetheless, is very often what occurs. It did not matter so much until recently when the high court established a critical precedent in determining that when a person is a Managing Director/Geschaeffstfuehrer and also employed as a director, his …

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