Business
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Rail bridge connecting Výtoň and Smíchov to receive huge overhaul
The railway bridge connecting Prague's Výtoň and Smíchov districts is due to get a new look – and not everyone is happy about it.
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Prague's Pařížská street ranks among world’s most expensive in latest analysis
The grand Pařížská street has just ranked 17th in the latest analysis of the world’s most expensive streets, overtaking its old rival Na Příkopě.
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Economist: “Middle income bracket” will be worst affected by real wage decline
This year will see real wage decline in Czechia reach 8.3 percent, the largest such drop within the Visegrad Group, according to an analysis by investment firm Cyrrus.
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Experts fear energy crisis will make air pollution much worse
With heating bills going through the roof, many Czechs are turning back to solid fuels, using coal, firewood and even burning household waste, including plastics.
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Expert on why Czechia’s electricity prices soared highest in EU, despite being net exporter
Data released by Eurostat on Monday show that Czechia saw the sharpest year-on-year rise in electricity prices out of all EU member states in the first half of 2022 (+62%).
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Czech windfall tax to generate huge funds – from next year
The Czech government plans to generate tens of billions from a windfall tax from next year, not retroactively for 2022, as some voices in the coalition had demanded.
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Czech Railways to introduce electric and battery-powered trains
In addition to buying four dual-source battery-electric trains from the Škoda Group, Czech Railways is also preparing major tenders for several dozen more such vehicles.
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Property prices in Czechia expected to stagnate or fall next year, as demand plummets
Property prices are expected to fall or stagnate in Czechia next year, Czech Television reports.
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Ski resorts in Czechia facing uncertain season due to record high energy prices
While the Ještěd ski resort has started making artificial snow, other ski centres are facing the prospect of a shorter season or are closing down altogether.
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Czechs saving where they can as they brace for energy crunch
With inflation at over 17 percent and energy prices expected to go through the roof, economizing has become the order of the day for the vast majority of Czechs.
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“A reset will be necessary” – survey looks into why Czechs are unwilling to learn new job skills
Four out of ten people in Czechia expect that they will be doing the same job until they retire, a new survey shows.
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Survey indicates “big movement” on Czech labour market undetected by unemployment statistics
HR firm ManpowerGroup’s latest survey, which looked into the situation on the Czech labour market going into the final quarter of 2022, shows a marked decrease in optimism.
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