News in brief for July 20: Top headlines for Czechia on Thursday
Czechia dramatically reduces reliance on Russian gas, Kundera cremated in Paris, and more top stories for July 20, 2023.
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.
Czechs tip more generously when paying by card in restaurants
More people are paying by card in eateries and voluntarily opting to add a tip to the bill.
Living costs remain high in Czechia, despite inflation slowdown
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New data reveals that prices for some food staples, electricity, and package vacations in particular are higher than they were last year.
Czech industrial production shifts into high gear as auto industry drives economy
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Supply chain issues that previously hindered production have been resolved, leading to a decrease in energy costs.
Study: Czech Republic positioned as fintech leader with promising growth prospects
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According to a report from the Boston Consulting Group, the financial technology sector is poised for substantial growth by 2030.
Rohlik founder launches investment group for companies that reject status quo
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TCF Capital will operate internationally and focus on firms in e-commerce, FMCG, and logistics.
News in brief for June 27: Petr Pavel – 'I regret ignorance during communist period'
Over 20 percent of employees plan pay-rise request, large military donations from Czechia to Ukraine, and other headlines to keep you up to speed.
Why investing in startups could be the key to success during an economic downturn
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When potentially profitable projects arise, it is better to approach them when the market cools down, describes Petr Šíma, partner at DEPO Ventures.
Czechia ranks next to last in Europe in the Global Gender Gap Index
The country fell 25 spots compared to the previous ranking, with women losing ground in political empowerment and economic representation.
Czech National Bank maintains interest rate at 7 percent
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Analysts expect the central bank to marginally reduce the rate until the end of 2023 due to lower inflation.
News in brief for June 16: Czechia 'not doing enough' to tackle political corruption, EU report says
EU inflation slows, a special mushroom map released, President Pavel largely trusted, and more in our daily news feed.
Czech government to ask European Commission for CZK 137 billion loan
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Part of the country's National Recovery Plan, the loan and other EU grants aim to bolster Czechia's economy.
News in brief for June 14: President Pavel urges collaboration at European Values Summit 2023
The top headlines for the Czech Republic on Wednesday, June 14, 2023, updated throughout the day to keep you up to speed.
News in brief for June 12: Tropical temps to hit Czechia this weekend after cooling spell
The top headlines for the Czech Republic on Monday, June 12, 2023, updated throughout the day to keep you up to speed.
