A new government subsidy opens up electric car ownership in Czechia
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A subsidy for businesses and entrepreneurs will accelerate changes to driving habits by significantly discounting the cost of buying an electric vehicle
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.
Home or abroad? A legal expert’s take on the advantages of foreign asset protection
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For those looking to preserve valuable assets for future generations, foreign trusts and foundations provide the security of a long legal history.
Robots in the workplace? What 2024 holds in store for business services in Czechia
A growing workforce and increased level of automation aren’t mutually exclusive, with experts forecasting them to sit side-by-side in Czech workplaces.
Historical feet: Czech sneaker brand returns from bankruptcy with flagship store
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Once on the brink of liquidation, the iconic Botas sneaker brand sold an impressive 12,000 pairs of shoes in the past 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.
Leader Talks: BlueLink GM Vincent Leonardi on fostering individual workplace growth
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BlueLink is a place where international success stories are made, and the leader of the company’s Prague center is a great example.
5 ways expat women in Czechia can advocate for equal pay
Today is Equal Pay Day; women in Czechia are currently faced with a 17.9-percent gender pay gap. How can you ensure fair pay in the workplace?
Czechia still lags behind EU average despite rising wages
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Czech incomes have surpassed that of Portugal and Greece, but are still one-third lower than EU average due to purchasing power and high inflation.
Household incomes drop in Czechia as inflation stings single parents most
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Czech household incomes rose 7.7 percent to last year, but when adjusted for inflation, real incomes declined by 6.5 percent.
Eurostat: Prague is the fourth-richest region in the EU
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Prague has one of the highest rates of GDP per capita in the whole EU, based on purchasing power parity.
Czech banks are adjusting interest rates: What does this mean for you?
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Several banks in Czechia have decided to slightly drop their interest rates in response to the Czech central bank's decision to cut the base mortgage rate.
Amid an economic downturn, Dubai offers an attractive alternative for investors in Czechia
While the Czech real estate market stagnates, demand in Dubai soars as high as the city’s famous skyscrapers.
A Czech legal expert on why trust funds are perfect for protecting wealth
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Creating trust funds in Czechia only became possible a decade ago, but is quickly becoming a popular vehicle for transferring assets between generations.
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.
Supermarkets pledge to reduce food prices – but will they drop in 2024?
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The drop in the VAT rate for food – from 15 to 12 percent – has raised hopes for a drop in supermarket prices in 2024. However, this may not be a reality.
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.
