Morning News: Wednesday, December 7, 2022

According to the latest census, there are approximately 721,300 flats in Prague. The number of new flats completed annually is, on average, approximately 5,500 units per year, around half of what the city needs. This deficiency is mainly caused by lengthy permitting procedures, especially since the time required to obtain a zoning decision is extremely long,

KISS will perform in Prague in 2023 on End of the Road farewell tour. The show will take place at the O2 Arena.

The SPOLU alliance of the Civic Democrats (ODS), TOP 09 and Christian Democrats (KDU-CSL) has not found any agreement with the Pirates about forming a coalition in Prague, and will no longer seek further talks with them, its negotiators have told journalists. SPOLU will begin negotiations about possible support for a minority city council

Retail sales in Czechia have been falling year-on-year for six months now, according to data published by the Czech Statistics Office. In October, the decline accelerated to 9.4 percent from a 5.3 percent decrease in September. People spent less especially on non-essential consumer goods.

The volume of cryptocurrency trades in the Czech Republic fell by a fifth to CZK 200 million in November compared to October.  At the same time, spending was roughly 35 percent lower than in the same month last year.