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.
Czechia is experiencing a surge in skilled foreign workforce
A relative rise in wages paired with the opening of many multinational branches and new businesses beckons foreigners.
Over half of Czechs agree with government's fiscal reform, but many still critical
Young people were more likely to support the austerity package, but many said the government acted too late.
Higher alcohol taxes, a change to VAT, and ending 22 tax exemptions: Czechia presents huge finance reform
Czech Prime Minister Petr Fiala says that Czechia has little choice but to impose the austerity measures to curb skyrocketing public debt.
Tax talk: Czechia faces tough economic choices in 2023
Unforeseen crises and long-term issues raise the possibility of sweeping reforms to pensions and taxes.