Prague Keeps New Year’s Baby Tradition, But Births Hit Record Low

Prague will award 15,000 CZK to families whose children were born in the capital on New Year’s Day 2026. This year, the bonus will go to the parents of ten babies — five boys and five girls. The tradition dates back to the early 2000s and applies to all children born in Prague on January 1, provided their parents have permanent residence in the city. However, 2026 recorded the lowest number of “New Year’s babies” since the program began.

Mortgage Rates Drop Below 5% for the First Time Since 2022

Mortgage rates in the Czech Republic have fallen to their lowest level since spring 2022. According to the Swiss Life Hypoindex, the average offered interest rate on new mortgages dropped to 4.89% in March. The decline could bring some relief to homebuyers after several years of high borrowing costs that slowed activity in the housing market.

Fake Spanish Wine Found in Czech Supermarkets

Authorities have discovered four types of counterfeit white wine sold in Czech supermarkets Albert and Billa. The products include Chardonnay and Sauvignon Blanc labeled under the brands Viňa Mercedes and Il Mariscal. Inspectors have ordered an immediate recall of the wines and opened administrative proceedings that could lead to fines for suppliers.

Real Estate Investment in Czech Republic Expected to Grow in 2026

Investment in Czech real estate could increase by around 10% in 2026, with the strongest interest expected in rental housing. The forecast comes from the annual Trend Report of the Czech Real Estate Market Development Association, prepared with input from 78 industry experts. Analysts say the market is already experiencing strong activity. In 2025, real estate investment reached a record 107.5 billion CZK, representing a 137% increase compared to the previous year and surpassing pre-pandemic levels.

Germans Cross Border for Cheaper Fuel

More German drivers are traveling to the Czech Republic to refuel, as fuel prices remain significantly lower than in Germany. Amid tensions in the Middle East, gasoline and diesel prices have risen faster in Germany. The average difference now ranges between €0.40 and €0.70 per liter. German customs authorities have strengthened border checks and remind travelers that under EU rules drivers may carry a maximum of 20 liters of fuel in a canister, in addition to a full tank.