News in brief for May 16: Petr Pavel and Zuzana Čaputová make their way to Iceland for EU summit
The top headlines for the Czech Republic on Tuesday, May 16, 2023, updated regularly to keep you up to speed.
A hard stance on soft drinks: Companies protest against government's tax-rise decision
The VAT rate for non-alcoholic beverages – including mineral water – will rise from 15 to 21 percent.
News in brief for May 15: President Pavel attends Copenhagen summit, calls for world unity
The top headlines for the Czech Republic on Monday, May 15, 2023, updated regularly to keep you up to speed.
The Czech government's austerity package: How will it affect you?
From a change to VAT rates to a rise in several taxes, here are the most important points from Thursday's huge fiscal reform plans.
Hop-ocalypse: Beer tax hike to leave small Czech pubs and restaurants struggling
A VAT increase of over 10 percentage points for draft beer will damage many small businesses, business groups say.
News in brief for May 12: Czechia and Slovakia face off in ice hockey world championships
The top headlines for the Czech Republic on Friday May 12, 2023, updated regularly to keep you up to speed.
Higher alcohol taxes, a change to VAT, and ending 22 tax exemptions: Czechia presents huge finance reform
Czech Prime Minister Petr Fiala says that Czechia has little choice but to impose the austerity measures to curb skyrocketing public debt.
Czechia reports a big drop in inflation: What does it mean for consumer prices?
Many food prices dropped compared to April, and analysts expect inflation will continue to slow down for the rest of the year.
Czech news in brief for May 11: Czech parties, labor organizations react to big fiscal reform
The top headlines for the Czech Republic on Thursday, May 11, 2023, updated regularly to keep you up to speed.
Japanese quality is hard to beat for driving elegance in Czechia
Lexus has introduced a new generation of its flagship SUV that’s perfectly suited for life in the heart of Europe.
Czechia continues to record lowest unemployment in EU, April data show
The highest demand for new employees was in the Czech capital.
News in brief for May 10: Leopard spotted in north Czechia, govt. to join damage registry against Russia
The top headlines for the Czech Republic on Wednesday, May 10, 2023, updated regularly to keep you up to speed.
Foreign trade surges in Czechia, posting CZK 16 billion balance
Rising car exports and falling operational costs resulted in the strongest trade balance in over two years.
News in brief for May 9: German minister cools talks of border controls with Czechia
The top headlines for the Czech Republic on Tuesday, May 9, 2023, updated regularly to keep you up to speed.
The Economist: Czechia ranks second worldwide in crony capitalism
The study reveals that many wealthy individuals in Czechia gain advantages through relationships with the state.
Česká spořitelna completes takeover of Russia-owned Sberbank Czech clients
The Czech bank has now acquired Sberbank's Czech-based customers, who have not been able to make payments for over 12 months.
Czech pension system sees record deficit, reform talks are underway
The Czech pension system is highly dependent on economic cycles, making it unsustainable in the long run.