Higher alcohol taxes, a change to VAT, and ending 22 tax exemptions: Czechia presents huge finance reform
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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?
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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
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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
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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
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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
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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
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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
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The Czech pension system is highly dependent on economic cycles, making it unsustainable in the long run.
Recovery or recession? New data on Czechia's economic future released
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The economy grew slightly compared to the previous quarter but shrank year on year for the first time since 2021.
Cyprus court freezes Czech businessman's assets worth CZK 13 billion
Real estate developer Radovan Vítek is being sued by business partners from Europe and the U.S.
News in brief for May 1: Czechia marks May Day, firefighters rescue sinking Vltava cruiser
The top headlines for the Czech Republic on Monday, May 1, 2023, updated regularly to keep you up to speed.
Deadline for filing electronic taxes in Czechia quickly approaching
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The deadline for the electronic submission of annual tax returns in Czechia is May 2, and it applies to self-employed people.
Czech mortgage market reviving, a fifth of the population plans to buy a new home
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People are now paying close attention to monthly mortgage payments, which can eat up to 40 percent of their budget.
News in brief for April 27: Russian hackers target Prague municipality websites
The top headlines for the Czech Republic on Thursday, April 27, 2023, updated regularly to keep you up to speed.
