Business
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Unemployment in May drops to new low
The unemployment rate in the Czech Republic fell to a new low in May, at 2.6 percent down from 2.7 percent the previous month. The drop was in line with expectations and…
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Decrease in Germany’s 2019 growth forecast will not affect Czech Republic, say analysts
The German Central Bank has published a prediction on the country’s expected economic growth for 2019. It lowered its expectations from 1.6 percent to 0.6 percent. The…
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New flats in Prague increasingly out of reach
Prague inhabitants with an average salary would have to work for nearly fifteen years for a flat of approximately seventy square metres, if they didn’t have any other…
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Czech think-tank Sinopsis: Chinese ‘investment’ marred by endemic corruption, intransparency
Ahead of the 30th anniversary of China’s crackdown on peaceful pro-democracy demonstrators in Tiananmen Square, Radio Prague spoke to Filip Jirouš, coordinator of the…
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Environment experts working on landscape that will withstand droughts and floods
Experts from the Czech University of Life Sciences are working to create a landscape with elements to ensure that the land can withstand drought and floods. If it proves…
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Czech beer exports increased by over 11 percent in 2018
Czech breweries exported a record 5.16 million hectolitres of beer last year, an increase of over 11 percent in 2018, the Czech Beer and Malt Association reported this…
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Joke movement gains million crowns in European elections
As the dust settles in the wake of the European elections individual parties and movements are counting their political and financial gains and losses. The latter has…
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Corporate catering businesses on rise in Czech Republic
Corporate catering businesses are on the rise in the Czech Republic, with more and more fast food chains and food retailers delivering their products directly to companies…
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Study: Sector tax on banks would spark economic slowdown
The possible introduction of a sector tax on banks in the Czech Republic would lead to a knock-on increase in the cost of financial products, according to an analysis…
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CEZ to offload foreign companies in major change of strategy
The energy giant CEZ is undertaking a considerable change in strategy. Instead of striving to become a major player in the region, the semi-state firm is now planning to…
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Krokonoše National Park clears away fallen trees in fear of bark beetle infestation
Krkonoše National Park in the north-west of the Czech Republic is trying to clear away fallen trees left in the park after winter in fear of bark beetle infestation. The…
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Some like it hot – Czechs lose thousands of crowns every year by overheating their apartments
High energy expenditures are forcing nearly a quarter of Czechs to cut back on other types of spending, a recent survey conducted by the polling agency STEM revealed…
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