Czech Central Bank Ups Key Rate Again Amid High Inflation
The Czech Republic´s central bank has increased its key interest rate by a quarter-point to 0.75% to tackle…
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Politics and Economics
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22 Political Parties Register For October Elections
For this year’s elections to the Chamber of Deputies, 22 electoral groups submitted candidate lists. There are about a…
Failed Merger of Airbank and Moneta Means the Market Stays Dominated by Foreign Giants
Shareholders of Moneta Money Bank last month decided the acquisition of Airbank won’t happen this year. It was…
Labor Shortages are Back to Haunt Czech Economy
There were not enough skilled workers in the Czech Republic before the coronavirus crisis hit the country. Now…
Czechs Declare Household Economic Situation Best in 20 Years
According to the survey, 58 percent of Czechs can easily live on their income. On the other hand,…
Czech Government Wants to Offer Visa to Belarus ‘Asylum’ Athlete
A Belarusian athlete who refused to board a flight after she said she was taken to the airport…
Czech Republic Has the Highest Average Income Among the Visegrad Countries
The average income in euros in the Czech Republic is €1,368 (CZK 34,932), the highest among the Visegrad…
EU Commission Approves Czech Recovery Plan of 7 bln Euros
The European Commission approved on Wednesday the Czech Republic’s 7 billion euro plan to recover from the pandemic…
EC President Ursula von der Leyen Visits Prague Today
Commission President Ursula von der Leyen will be in Prague today, July 19, to present the Commission’s assessment on…
EIB Invests EUR 191 Million in Czech Infrastructure Projects
On 13 July, the European Investment Bank (EIB) announced that it has invested EUR 191 million for the…