Big Mac Index: Czech crown lacks bite against the US dollar
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The Economist's index is a stark reminder of how undervalued the Czech crown is and, with a worsening exchange rate, the situation doesn't look rosy.
Pension reform passes: What does it mean for your retirement age and payments?
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Among a host of approved changes to the country's law is a de facto increase in the retirement age for people born after 1965.
ASK AN EXPERT: Should I get professional investment help?
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Deciding whether to go it alone or pay expert managers will make a big difference to your investment journey.
Employer in Czechia? Get to grips with new reporting requirements
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Legislative changes impact employers’ responsibilities while allowing free entry to the labor market for expats from nine countries.
Prague's Karlín celebrates key driver of Czech economic growth with ABSL festival
The ‘Czech Edge’ takes center stage at the Association of Business Service Leaders's annual conference, now a festival, spread across venues in Karlín.
Economist: How a Trump election win may make Czech mortgages more expensive
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Wider US deficits, inflation, and higher yields on long-term US bonds are likely to cause contagion in the EU and Czechia, Lukáš Kovanda explains.
The man behind the 'Czech sphinx': Tycoon Křetínský sets sights on global empire
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Czechia's third-richest man, poised to take over the British Royal Mail, has been called enigmatic with some questioning his business ties and deals.
What lies ahead for the Czech labor market? 5 key insights
Turbulence from political, legislative and economic perspectives is leading to a reduction in the pace of hiring among Czech employers.
Czechia is embracing the euro: Here's how you can benefit
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It’s becoming easier to send euros, more profitable to deposit them, and many will be paid with the shared currency next year.
Is 2024 the year to take out a mortgage in Czechia?
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The prospect of renewed house price growth makes now a good time to consider buying a home.
Market watch: What are Czechia's most popular stocks to invest in?
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US tech giants are the most investable stocks in Czechia, though the strongly performing Prague Stock Exchange makes Czech firms good investment choices.
Vacation inflation: Where the weakening crown will cost you more this spring
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The crown has depreciated heavily against major world currencies in the past 12 months – but some destinations will be cheaper than last year.
Inflation dips to lowest level since 2018: What's cheaper in Czechia?
Following a high base in 2023, the government and Czech National Bank have finally managed to quell the nation's soaring inflation.
CNB cuts interest rate, pushing Czech crown to weakest level in almost two years
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Good intentions are behind the reduction in the interest rate, though, as the central bank hopes to stimulate spending and boost mortgages' accessibility.
Less bureaucracy, more foreign talent: Could these reforms save the Czech economy?
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To counter Czechia's faltering economy, the NERV advisory body has revealed 37 recommended changes to the labor market, public administration, and more.
Leader Talks: Orlen Unipetrol CEO Tomasz Wiatrak on the fuel industry's race to a sustainable future
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We talked to a Central European petrochemical and fuel industry leader about the global energy transformation and the future of fossil fuels in Czechia.
OVERVIEW: Which new laws and rules go into effect in Czechia in 2024?
New legislation and measures will affect everything from work to housing and personal finance. Here's what you need to know.
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