Morning News: Friday, November 11, 2022

The Czech government has proposed the abolition of more than 10,000 laws, regulations and orders that are redundant and no longer used, Prime Minister Petr Fiala (ODS) told journalists after a cabinet meeting today.

President Milos Zeman has asked Interior Minister Vit Rakusan (STAN) to remove or reduce the security checks at Prague Castle, the seat of the Czech President. The request was made in an open letter from Zeman to Rakusan, published on the Presidential Office website yesterday.

The year-on-year inflation rate in Czechia decreased to 15.1 percent in October from 18 percent the month before, according to data published by the Czech Statistical Office on Thursday. This was well below the market forecast, which had predicted that the inflation rate in October would be 17.9 percent.

On Thursday morning, the energy company ČEZ announced record profits for the first three quarters of this year. From the beginning of next year, electricity will become more expensive. Most customers will pay the government’s capped prices from January, with clients paying around CZK 300 a month extra for the most common tariffs.

Tourism reached pre-pandemic numbers in Czechia in the third quarter of 2023, at least according to mass accommodation facility booking figures released by the Czech Statistics Agency on Wednesday. The number of people staying in hotels, hostels and pensions lay at 7.3 million, just 3 percent below those registered in the pre-pandemic year 2019.