Czech lower house passes law tightening conditions for early retirement, slowing pension growth
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The proposed changes will now be read in the Senate before being signed by the president.
Czechia ranks 10th in labor productivity growth among OECD countries
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Capital investment and better national infrastructure have spurred Czechia's boost in labor productivity in the last decades.
Czech government looks to foreign workers to fill 200,000 job vacancies
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Czech authorities in prominent positions highlighted the importance of foreign workers in enhancing the nation's infrastructure.
One in five Czech construction and industry companies plan to dismiss workers
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A recent survey found that a similar number of non-profit companies also plan to carry out layoffs in the fall.
Survey: Half of Czechs prefer to use cash while traveling abroad
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According to a recent survey, the majority of Czechs prefer to exchange Czech crowns for foreign currency before going on vacation.
Living costs remain high in Czechia, despite inflation slowdown
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New data reveals that prices for some food staples, electricity, and package vacations in particular are higher than they were last year.
Czech Labor Ministry: By 2030 over 90 percent of jobs will require digital skills
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The nature of the workplace is changing and the government plans to invest in adult education to help people adapt.
Czech industrial production shifts into high gear as auto industry drives economy
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Supply chain issues that previously hindered production have been resolved, leading to a decrease in energy costs.
Study: Czech Republic positioned as fintech leader with promising growth prospects
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According to a report from the Boston Consulting Group, the financial technology sector is poised for substantial growth by 2030.
Rohlik founder launches investment group for companies that reject status quo
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TCF Capital will operate internationally and focus on firms in e-commerce, FMCG, and logistics.
Why investing in startups could be the key to success during an economic downturn
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When potentially profitable projects arise, it is better to approach them when the market cools down, describes Petr Šíma, partner at DEPO Ventures.
Czech National Bank maintains interest rate at 7 percent
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Analysts expect the central bank to marginally reduce the rate until the end of 2023 due to lower inflation.
Czechia is experiencing a surge in skilled foreign workforce
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A relative rise in wages paired with the opening of many multinational branches and new businesses beckons foreigners.
Czech government to ask European Commission for CZK 137 billion loan
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Part of the country's National Recovery Plan, the loan and other EU grants aim to bolster Czechia's economy.
Czech salaries are growing, but still lag far behind Germany and Austria
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The Czech Republic leads the Visegrád Group in average wages, according to a new study by Mazars, but trails its neighbors to the west.
Czech retail sales fall for 12th consecutive month as spending declines
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A sharp fall in real wages, still-high inflation, and reduced disposable income have all curtailed Czechs' spending power.
Czech National Bank removes major obstacle in acquiring a mortgage
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The move follows in the footsteps of a devastating year for the Czech real estate market due to plummeting sales.
