Czech news in brief for December 19: Thursday's top headlines

The Czech government approved its National Climate and Energy Plan, committing to increase renewable energy use to over 30 percent and phase out coal by 2033. Industry Minister Lukas Vlcek emphasized a shift toward renewables and nuclear power. The plan avoids controversial EU proposals like expanded emission allowances. Environment Minister Petr Hladik noted it aims to cut foreign energy dependence and boost GDP by 2 percent.

A STEM/MARK survey reveals seven in ten Czechs cannot imagine working in their current jobs until the new retirement age of 67, citing physical and psychological strain. Nearly half favor retirement between ages 61 and 65. Concerns about financial stability in retirement persist, with most saving modestly. The government’s pension reform, raising the retirement age gradually to 67, aims to ensure future payouts but faces public resistance.

Amazon’s Czech distribution centers are processing twice as many shipments as usual this holiday season. Peak activity occurred during Black Friday sales. To handle the surge, the Dobrovíz facility hired 2,600 temporary workers, while Kojetín, using robotic systems, added 1,000. Investments in automation, including automatic scanning tunnels, have streamlined operations. Amazon has operated in Czechia since 2013, with significant growth in revenue and profit in recent years.

EU inflation increased to 2.5 percent in November from 2.3 percent in October, Eurostat reported. Czech inflation rose to 3.1 percent, above the EU average. The eurozone rate climbed to 2.2 percent. Month-on-month, EU prices fell 0.2 percent, while Czech prices rose 0.1 percent. ECB Chief Economist Philip Lane warned of ongoing risks, including wage growth and geopolitical tensions, which could drive inflation higher. Romania recorded the EU's highest inflation at 5.4 percent.

Smaller apartments in Czechia cost 10-70 percent more per square meter than larger ones, with the steepest increases for units under 31 square meters, an analysis by Valuo.cz reveals. Prague leads with an average of CZK 143,000 per square meter, followed by Brno at CZK 115,000. High demand from young investors fuels the trend, while larger apartments remain more affordable due to lower buyer interest.

Prague is reinforcing its ban on pyrotechnics in historic zones and near sensitive areas, citing animal welfare concerns. Instead of fireworks, the city will host video mapping at the Botanical Garden and offer discounts to cultural sites, including the zoo and museums. Officials urge residents to follow the ban, with fines for violations reaching up to CZK 100,000. The campaign aims to ensure safer New Year’s celebrations for all.