Business
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Huge passenger falloff means major losses for Czech Railways
Czech Railways says its losses this year could reach CZK 5 billion. The estimated losses have been deepened by the second coronavirus wave in the second half of 2020.
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Pension reform envisages CZK 10,000 basic pension plus bonus for raising children
The Labour and Social Affairs Ministry has presented a pension reform proposal, which envisages a basic pension of CZK 10,000 for everyone who has worked for 25 years.
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Thirty years since decision to sell Škoda to Volkswagen
It is exactly 30 years since the Czechoslovak government announced the key decision to sell carmaker Škoda Auto to German giant Volkswagen.
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Analyst: Recovery in Czech industry continues despite Covid-19 second wave
Czech industrial production increased by 3 percent in October month-on-month despite renewed restrictions started amid a large spike in Covid-19 infections, ČSÚ data show.
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Czechs lagging most of Europe in electric car charging stations
The Czech Republic is lagging behind much of the rest of Europe when it comes to use of electric cars and network of charging stations, the Czech News Agency reported.
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Wind power could become a major source of energy in Czech Republic by 2040
Experts from the Czech Academy of Sciences believe that wind power could account for up to a quarter of the power consumption in the Czech Republic by 2040.
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Czech Coal Commission recommends phasing-out coal by 2038
The Czech Republic’s Coal Commission, an advisory body to the government, recommended phasing-out coal in the country by 2038, the Czech News Agency reported on Friday.
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Press: Czech real estate market thriving despite Covid situation
The Czech real estate market is continuing to grow, Hospodářské noviny reported on Thursday. Property prices are likewise on the up, it said.
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Inspired by Scotland, Czech gov’t aims to cut VAT on period products
Finance Minister Alena Schillerová is proposing cheaper tampons and sanitary pads for all, free period products for those in lowest income brackets.
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Some households to save on electricity and gas bills in 2021
Czech consumers will pay more or less the same for electricity and gas in 2021 as they have this year.
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Over 300 Czech rail bridges set for improvements in coming years
The Czech state intends to invest nearly CZK 1 billion into improving the country’s railway bridges in the next few years. Some 319 bridges are in need of work at present.
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Czech Republic sees fast wage growth in past decade
In the past decade, wages in the Czech Republic have risen by 51 percent, which is more than in any other neighbour state.
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