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Czech banks are adjusting interest rates: What does this mean for you?
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
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?
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?
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.
Czechia navigates pivotal 2024 with elections, tax reform, and nuclear questions ahead
Elections for one-third of the Senate will serve as a crucial test for political parties leading up to the 2025 general elections.
'A year of hope is coming': Czech PM delivers Christmas speech
In an address to the nation, Fiala acknowledged the recent economic difficulties faced by Czechia and promised that the worst is behind the country.
EXPLAINED: How Czechia's state budget works – and why the deficit could affect your finances
Next year’s budget aims to curb spending and increase revenue by ramping up taxes and ending tax concessions. What does this mean for everyday citizens?
Czechia welcomes a BMW icon reborn with fully electric drive
The new 5 Series Sedan is available in a range of options including fully electric, underlining BMW’s commitment to sustainable premium mobility.
Czechia's average wage surges by 7 percent, but declines in real terms
Despite a sizable increase in nominal wages, rampant inflation seen in much of the past two years has actually devalued salaries.
Brace for winter: Heating prices set to rise in 2024 across Czechia
The cancellation of state subsidies and increase in value-added tax will cause a double-digit rise in heating prices next year.
EXPLAINED: Czech president signs consolidation package – what’s next?
The package changes the country’s value-added tax (VAT) system, increases many taxes and cuts a range of subsidies.
Post-communist Czechia: Living standards double, but not everyone feels the gain
Despite a marked rise in purchasing power and more competitiveness since 1989, a sizable chunk of the population does not see a rise in living standards.
Corporate giants ranked: Czechia’s most valuable billion-crown companies
The study found that each business in the ranking had a valuation of over CZK 1 billion.
Czechia to welcome more foreign workers from the Balkans, Caucasus
Due to a shortage of Ukrainian migrant workers, the state is eyeing other countries to fill in the gap in Czechia's labor market – namely in agriculture.
Czechia is the 'sick man of Europe' says analysis in Germany's Die Welt
The German publication warns of a growth trap, adding that Czechia is the only EU country not to have recovered from the pandemic slump.