Business
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ČEZ director warns EU taxonomy plan could complicate Czechia’s energy transformation
The current European Commission taxonomy proposal could bring about complications when it comes to transforming the Czech energy sector, according to ČEZ CEO Daniel Beneš.
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Czechs mass buying holidays to Turkey amid lira crash
Czech travel agencies are reporting extraordinary interest for holidays in Turkey, as Czechs are enticed by the rapid crash of the Turkish lira.
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Survey: Czech economy expected to grow faster in 2022, but so will inflation
The growth of the Czech economy should speed up next year, rising from this year’s 2.5 percent to 3.9 percent in 2022, based on the latest regular Finance Ministry survey.
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Interest in office space down as new building construction slows markedly
Fewer new offices have been built in the Czech Republic in 2021 than in the previous five years, with Covid and uncertainty regarding the future causing developers to wait.
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Big Czech breweries financing pub facelifts
Cash-strapped pubs and restaurants have put off renovation projects indefinitely. Now, however, some of the country’s top breweries are helping hostelries fund facelifts.
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Boom of Czech mini breweries is over, says association head
Over the past decade or so, Czechia has seen something of an upsurge in small breweries, but the new head of their association says the trend has already reached its peak.
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New Czech government says 2035 ban on combustion engines “unacceptable”
The prime minister has said the proposed EU ban on new vehicles with internal combustion engines by 2035 is unacceptable and he would seek allies in Europe to change it.
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Economist sees “very difficult time” for low income families in 2022
While Czech inflation was at 3.4 percent in July, experts say it will reach at least 7 percent at the start of 2022. What is the reason for this? And how bad can it get?
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November inflation rise biggest since 2008
Consumer prices in the Czech Republic continue to grow at an unusually high rate. The latest data for November show inflation grew by 6 percent in annual terms.
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Czech firm Avast acquiring self-sovereign identity pioneer Evernym
Avast, a global leader in digital security and privacy, has announced the acquisition of Evernym, a US company instrumental to the invention of self-sovereign identity.
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Czech Statistics Office: Covid pandemic changed Czechs’ eating habits
The Covid-19 pandemic has changed Czechs’ eating habits, according to newly released data by the Czech Statistics Office.
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Statisticians: Average monthly salary in Czechia now at CZK 37,499
The average gross monthly salary in the Czech Republic rose by 5.7 percent year-on-year in the third quarter of 2021 to CZK 37,499.
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