In June, the Czech Republic experienced the largest annual drop in food prices across the European Union, with a notable 4.8% decrease. Hungary, which came in second, recorded a reduction of just over two percent. However, data from the Czech Statistical Office suggests this trend may not last. Future food price reductions will largely depend on harvest outcomes, with the extent of decreases expected to diminish. Dominik Rusinko, an analyst at ČSOB, highlighted that the Czech Republic continues to lead in food price reductions, contributing to an unexpected decline in overall inflation. “Food prices only decreased in five EU countries, with an average increase of 1.3% year-over-year across the EU,” Rusinko explained. This sharp decrease in food prices has played a significant role in reducing the nation’s overall inflation rate. Despite agricultural producer prices being down 7.5% year-over-year in June, there was a 1.9% month-over-month increase. For example, fresh vegetable prices rose by 13.3% compared to May, poultry by 3.5%, and pork by 0.3%. Egg prices fell by 4.5%. These mixed signals suggest that the positive trend in food prices may not persist. “In the second half of the year, the deflationary impact of food prices on overall consumer inflation...
We’ve gathered tips on where to enjoy Prague’s nightlife! FOOD Where can you get a meal at night? Roma Uno (Jagellonská 16, near Náměstí Jiřího z Poděbrad): Our top pick for years. They serve food and drinks at night, plus free Wi-Fi. U Sadu Pub (Škroupovo náměstí): Serving food until 4 AM. Super Donner Kebab (Vinohradská Street): Open until around 2 AM. Pizza Borsalino (Ostrovní 34, Prague 1): Open 11 AM – 5 AM. Royal Kebab (Lazarská 6/2): Open 24/7. Crazy Wok (Spálená 87/11, Prague 1): Open 11 AM – 3 AM. McDonald’s: Open 24 hours at Václavské nám. 59, Na Příkopě 10, Jugoslávská 11 (Thu-Sun), and McDrive Sokolovská 2080 and Černý most (Chlumecká street 764/2). Burrito Loco (Masná 2): A 24-hour Mexican restaurant with vegan options, part of the Bohemia Bagel chain. Marjánka Canteen (Na Bělidle 38, Smichov): Open 24 hours. Hilton Hotel Café Bistro (Pobřežní 1): Open 24 hours, located next to the hotel lobby. Pizzburg (Francouzská Street): Open 5 PM – 3 AM, offers delivery. Cross Club Café Restaurant: Open Mon-Thu 11 AM – 11 PM, Fri 12 PM – 12 AM, Sat 2 PM – 12:30 AM, Sun 2 PM – 11 PM. Sayf Kebab (Můstek):...
Many cities have iconic spots where tourists flock to take playful photographs, often transported by tour buses. Take Pisa, for example, where visitors use perspective tricks to appear as though they are holding up the leaning tower. In Prague, a similar scenario unfolds with the Dancing House, where the favored pose is “kicking the building.” Recently, Prague City reseeded the lawn at Jiráskovo náměstí, which had been damaged by tourists taking the classic photo to share on social media. While the area is currently fenced off, it is expected to reopen to the public soon. The municipality plans to implement some restrictions to protect the newly planted grass. Andrea Zoulová, spokesperson for Prague 2, stated that the municipality has been warning about the park’s poor condition, vandalism, and frequent disorder since 2018. “Following an agreement with Prague 2’s management and complaints from citizens, we have revitalized the grass around the monument,” said Vít Hofman, spokesperson for the municipality. Access to the area is currently restricted by mobile fences, and the lawn is regularly watered. Once the grass has grown sufficiently, the public will be allowed to return. However, Hofman mentioned that some restrictions will remain to protect the new lawn....
If you are a fan of landscape architecture and nature in general, you should visit Průhonice Park. This architectonic gem is a member of the UNESCO world heritage. Průhonice Park in the UNESCO List You can find this masterpiece of European landscape architecture in the outskirt of Prague, in a small village called Průhonice. Its 250 hectares present a unique combination of native trees and plants together with introduced species, especially from the Mediterranean. You can admire more than 1600 different species as well as a unique collection of more than 8,000 rhododendrons. This unique landscape area and the neo-Renaissance Chateau are listed as a UNESCO World Heritage Site as a part of the Prague chapter (as well as the Vrtba Garden). Story of Průhonice Park The idea came from Count Arnost Emanuel Silva Tarouca, whose family origins trace back to Portugal. He fell in love with countess Nostic who owned the park. Since Arnost was a passionate politician and a dendrologist, he turned his passion to the Průhonice Park. Thanks to his knowledge and passion for landscape architecture, you can enjoy the beauties of the park in every season of the year. Spring is unique with blooming rhododendrons, summer...
Prague Airport is facing issues again. On Friday, July 19, the global check-in system used by several airlines failed, causing some flight delays. However, affected flights at Prague Airport are being processed using an alternative system or manually. Departures to Amsterdam and Zurich have been suspended. Prague Airport announced the situation on the social network X. The computer system failure is affecting airports worldwide, including those in Europe, the United States, and Australia. Some airports have even temporarily halted operations. “EasyJet flights from Prague to Amsterdam and Swiss flights to Zurich have been suspended due to a global system outage, which is beyond Prague Airport’s control. Passengers are asked to be patient as there may be delays and slower check-in times. Affected carriers are managing the situation with alternative methods,” said the spokeswoman Klára Divíšková. “It will be delayed, but hopefully, I will leave today,” said a passenger named Nikola in Terminal 2. The words “delay” and “delayed” were frequently heard from the crowds. Despite the delays, the check-in halls seemed normal, with only a few warnings about canceled flights on the information boards. Groups of people waited longer than planned. Airports, banks, hospitals, media outlets, and businesses around the world ground to...
Korea and the Czech Republic agreed to expand bilateral traffic rights for flights from four to seven weekly, the Korean Transport Ministry said Friday, as part of a broader effort to support the two countries’ $17 billion nuclear reactor project in the European nation. The decision was reached during a Korea-Czech aviation meeting held in Prague from Wednesday to Thursday, the Ministry of Land, Infrastructure and Transport said. Traffic rights, determined through intergovernmental negotiations, are allocated by each country’s government to their respective airlines. The expansion agreement marks the first increase in traffic rights between Korea and the Czech Republic in 26 years, as they had been fixed at four weekly flights since 1998. The Czech Republic is currently connected to Korea by a single direct route — Korean Air’s Incheon-Prague service, which was launched in May 2004 and has carried 1.5 million people. Czech Airlines operated flights from June 2013 for about seven years, but the service was suspended due to the Covid-19 pandemic. However, a codeshare agreement with Korean Air remains in place, which allows travelers to book flights and accumulate mileage through Korean Air when traveling to a third European country via Prague on Czech Airlines. Over...
Technological progress, globalisation, and demographic trends are shaping the demand for specific skills and knowledge in the Czech market. This is also reflected in the wage levels across various sectors. While some fields are experiencing rapid growth, others are stagnating. Top Professions with High Earnings While the exact ranking of the highest-paying professions for 2024 is still uncertain, trends from previous years and the current labor market situation provide insights into who will likely earn the most. Traditionally, top-ranking professions include IT specialists, healthcare professionals, managers, financial experts, and lawyers. The IT sector continues to thrive, with high demand for skilled professionals such as software developers, data analysts, and cybersecurity specialists. Healthcare also requires a high level of expertise, making surgeons, dentists, and anesthetists among the highest-paid professions. Leadership roles, which carry significant responsibility and require a broad skill set, are also well-compensated. These include positions like company directors, finance directors, and marketing managers. Similarly, the financial and legal sectors, including lawyers, judges, and prosecutors, have long been associated with high salaries. Median gross wage/salary in H1 2023 1. Top executive of a large company (240 690 CZK) 2. Chief executive (140 304 CZK) 3. Surgeon (119 601 CZK) 4....
Riegrovy Sady, named after the famous Czech politician F. L. Rieger, is one of the most popular spots in Prague. Spanning about eleven hectares, it features expansive grassy areas with stunning views of the city skyline, children’s playgrounds, a dog meadow, and several garden restaurants. This year, Riegrovy Sady, affectionately known as Riegráč by Prague residents, is celebrating a significant milestone. Opened to the public exactly 120 years ago, the park remains a vibrant part of the city today. “We strive to maintain the park’s appeal. A portion of Riegráč is privately owned, but the city manages the area and deserves much credit for attracting visitors,” said Jan Korseska, the mayor of Prague 2. When it first opened, Riegrovy Sady featured historic farmhouses and fenced gardens. Under architect Leopold Batek, the area transformed into a modern city park. From its inception in 1904, the park has drawn visitors, especially to its restaurant housed in one of the original farmhouses. Today, the 11-hectare park continues to undergo necessary modernizations. “We started at the monument to Mr. Rieger on Polská Street, improving irrigation, adding palisades, enhancing road networks, landscaping, and planting new trees and shrubs. Last year, we upgraded the area along...
The Czech Government is pressing ahead with plans to launch Europe’s first fully legal commercial cannabis market, similar to those seen in Canada and many parts of the US. Czechia already has some of the most lenient cannabis laws in Europe. The use, possession and cultivation (for personal use) of cannabis were decriminalised in 2010 while sale and importation are still strictly forbidden and can result in a prison sentence. Czechia was also one of the first countries in Europe to permit a legal medicinal cannabis market, patients began to be issued their prescriptions in 2013. The plan aims to move cannabis entirely away from the legacy market and effectively take control out of the hands of criminals as part of the country’s proposed ‘Cannabis Management Act’. The Czech Government announced it would begin plans to legalise cannabis in line with Germany in late 2022. Since then, drug expert Jindřich Vobořil has been tasked with drafting a bill that would bring about a new law. However, earlier in 2024 it was reported that plans had been scaled down. According to Business of Cannabis, two bills were written, with the weaker plan designed to put pressure on opponents and judge public...
Augustine, a Luxury Collection Hotel located in Prague’s Lesser Town district recently reopened its St. Thomas Brewery Bar for public, adding one sidewalk entrance to the venue for easier navigation of its guests. The cellar housing this famous bar dating back to 1352 is now open not only for the guests yearning for extraordinary experience and pint of the dark St. Thomas lager, but also for private groups. Rentals of the St. Thomas Brewery Bar are possible based on the availability for up to 55 guests with pricing tailor-made to each event organizer’s requirements. Apart from the original beer brewed here since the 14th century, the Bar, designed as an artificial grotto with stylish cubistic furniture, offers traditional Czech dishes and is currently one of the richest historical landmarks of the Augustine Hotel Prague. In the 16th century, during the reign of the well-known emperor Rudolf II, the local brewery became an exclusive supplier of beer to the Prague Castle. The chronicles say that “when Czech kings were at the Prague Castle, they would only drink St. Thomas beer!“. Nowadays, the local award-winning Matuška micro-brewery produces both draught and bottled St. Thomas beer uniquely for Augustine Hotel. The hotel’s owners...
Lidove noviny (LN), the oldest Czech daily in print, is to close down the print version by the end of August. LN’s publishing house Mafra announced in a press release on July 16 that “considering the development on the market” and “internal surveys” Mafra “decided to strengthen the opinion content” of the web version. The changes come less than a year after the Agrofert conglomerate, set up by the Czech opposition leader and billionaire ex-Prime Minister Andrej Babis in the late 1990s, sold Mafra to former PPF manager Karel Prazak’s Kaprain group. The iconic Saturday intellectual supplement Orientace (Orientation) will become part of the Saturday edition of LN’s sister daily MF Dnes, accused by critics of backing Babis’ populist ANO party and serving as its mouthpiece. LN was founded in 1893 and the lengthy list of its editors includes world-renowned Czech writer Karel Capek. LN’s renewal at the end of the 1980s became one of the symbols of the crumbling communist regime, which ended in 1989. Agrofert purchased Mafra in 2013, which is seen by Czech media experts as a milestone year during which local business actors took over much of the media ownership landscape, which mirrored the populist surge...
According to a new analysis by the Prague Institute of Planning and Development (IPR), the number of foreigners in Prague has been steadily increasing. From 2001 to 2022, the foreign population rose from 61,000 to 345,000, making one in four Prague residents a foreigner. This growth has significantly influenced the city’s demographic development over the past two decades. Most of these foreigners are of working age, providing essential labor for the capital’s economy. A 450% Increase in Foreign Residents Data from the Foreign Police shows a more than 450% increase in foreigners in Prague from 2001 to 2022. Today, foreigners consist of 25% of the city’s population. This trend accelerated in 2022 due to the influx of refugees from Ukraine following the war. Origins of Prague’s Foreign Population Of the 345,000 foreigners in the city, nearly 40% of all foreigners in the Czech Republic reside in Prague. The largest groups come from Ukraine (170,000), Slovakia (31,000), and Russia (27,000), with significant numbers from Vietnam (15,000). There is also a growing presence from Romania, Bulgaria, India, and the Philippines. The Young Foreign Population Foreigners in Prague tend to be younger, particularly those aged 24-42. This contrasts with the higher age categories of...
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