Business
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Experts warn long-government negotiations could impact Czech economy
With long and complicated post-election talks a possibility after the Czech elections, economists are warning this may cause problems for the country’s economic stability.
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Beer cans lead the way as breweries in Czechia announce good summer
According to numbers published by the Czech Breweries Association, this summer saw beer breweries fair well after low sales registered in the initial quarter of 2021.
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Prague issues first fine against Airbnb operator since court’s “accommodation services” ruling
This summer, Prague's municipal court ruled that short-term rentals via platforms like Airbnb and Booking.com must be registered and taxed as are “accommodation services” .
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Others set to follow as two Czech banks raise mortgage rates
Czech banks Česká spořitelna and ČSOB this week raised their mortgage rates and others look set to follow suit.
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Czech interest rate hike, biggest in 24 years, aims to tackle rising inflation
The Czech central bank has raised the key interest rate by 0.75 percentage points – the highest one-off rate huke since 1997. Inflation is now twice its target level.
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Czechia lacks around 14,000 IT specialists
The Czech Republic is currently lacking approximately 14,000 IT professionals, suggests a new survey, conducted by Coding Bootcamp Prague and Techloop.
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Start of heating season: Czechs bracing for growing energy prices
The arrival of cooler weather has launched the heating season in most parts of the Czech Republic.
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Survey: Over two-thirds of Czechs shop online every month
More than two-thirds of Czech consumers shop online every month, a quarter do so every two weeks, and 14 percent shop online every week, according to the Visa survey.
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Soaring energy prices contributing to high Czech inflation
Soaring energy prices are one reason the Czech Republic is currently experiencing the highest rate of inflation seen since 2008, the website iHned.cz reported.
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Study: University student subsistence support in Czechia below EU average
The Czech Republic’s university study support system is outdated and needs to change, according to a newly released study.
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International Energy Agency says Prague must do more to meet 2030 goals
The Czech Republic needs to do more if it wants to meet the European Union’s energy and climate goals by the year 2030, according to the International Energy Agency.
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Prague world’s seventh best city to live in, according to Time Out
Prague has placed seventh overall in Time Out magazine’s 2021 Index of the best cities in the world to live in.
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