Changes to austerity package increase tax on alcohol and lower it on e-cigarettes
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The adjustments mean that tax advantages of employee benefits stay in place, and that newspapers and magazines will have a lower VAT rate.
Czechia is the second-least affordable country in Europe to purchase property
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According to consulting firm Deloitte, you need 14 gross annual Czech salaries to buy real estate in the Czech capital.
Czech inflation slowed down in July, but remains fourth-highest in EU
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According to Eurostat data shared this weekend, inflation in the Czech Republic was 10.2 percent, trailing only Hungary, Poland and Slovakia.
Czech authorities mull taxing foreign companies operating in Czechia
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Under the proposed bill, the state would collect between CZK 4 billion and 6 billion per year by taxing foreign-headquartered firms working in Czechia.
Czechs' unpaid debt rises at fastest rate in last 10 years
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Cumulatively, Czechs owed CZK 29.2 billion between January and June this year.
Mazda’s latest unbeatable deal has arrived—just in time for your perfect road trip
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For the legendary Japanese carmaker, form and function go hand in hand.
Falling food prices push Czechia's inflation below 9 percent: Which products are cheaper?
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Cheaper production costs and an abnormally high baseline from last summer mean that some foods have decreased in cost.
Czech tech, media, and telecoms sectors most attractive to investors
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Though M&As are currently in decline, a stabler macroeconomic environment and a new tax on company sales in 2024 may cause an uptick in investor activity.
Bun-believable: Fast-food prices rise sharply in Czechia
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Amid high inflation and rising operational costs, Czechia's three major fast-food chains recently increased prices.
Czech Minister of Labor advocates for euro adoption by 2030
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Marian Jurečka says Czechia will fulfill the Maastricht criteria by the end of the decade.
American Express canceling most of its remaining services in Czechia
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The charge card company, mainly used by business travelers, is scaling back its international operations.
BMW opens its largest-ever test center in Czechia
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The facility, based in Karlovy Vary, will develop future BMW products and focus on automation and self-driving cars.
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.
