Business
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Czech government approves big changes to Road Traffic Act
The government has approved an amendment to the road law that will mean higher penalties for the most serious transgressions such as speeding and drink-driving.
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Economist: Recession will hit Czechia harder than most other EU states in 2023
We asked Cyrrus bank analyst Vít Hradil about Czechia's economic prospects in 2023.
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Prague installing electric charging points into smart street lamps
The number of electric vehicles in Czechia is growing and Prague has decided to increase the number of charging stations available starting with the Vinohrady district.
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Czech start-up receives medal for biodegradable polystyrene substitute made from mushrooms
Czech firm Myco's mycelium-based packaging offers a biodegradable alternative to polystyrene – and received recognition for it at this year's Energy Globe World Awards.
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“It’s about time we took this seriously” – RUSI financial crime expert on tackling dirty money
We spoke to Tom Keatinge, the founder and director of RUSI’s Centre for Financial Crime and Security Studies, about how to tackle dirty money.
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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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