Business
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Czech brewers big and small turn to craft beers to offset drop in consumption at pubs
According to legend, Bohemian hops were so prized King Wenceslas ordered the death penalty for anyone caught exporting cuttings from which plants could be grown. But with…
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Press: Hard Brexit would bring drop in exports and 40,000 job losses on home market
Tuesday's vote against Prime Minister Theresa May's Brexit deal has raised fresh concern in the Czech Republic regarding the uncertainty that lies ahead and the…
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Watchdogs slam pace of Czech motorway construction, as bookies take bets on transport minister’s…
Prime Minister Andrej Babiš boasts that his government has achieved an unprecedented level of investment and motorway construction. Meanwhile, a survey by domestic…
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Debt trap: housing co-ops, building owners petition gov’t for help with errant tenants, members
Building owners and housing co-operatives are demanding government help in enforcing and expanding their rights to collect payments from errant tenants or allow for their…
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Czech property prices rose 10 pct by Sept. last year, among steepest increase in EU
The sale price of a flat in Prague and the regional Czech capitals increased on average by 10.1 percent year-on-year at the end of the third quarter of 2018 to 56,800 per…
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December unemployment rise just temporary, say economists
Compared to the previous month, unemployment in December rose by three tenths to 3.1 percent, with 231,500 people being out of work, the Czech Labour Office announced on…
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Czech manufacturing above world average in use of robots, says HSBC study
For every 10,000 employees in the Czech Republic, there are 101 robots. This measurement, used in a recent HSBC study, places the Central European state above the world…
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Czech Post reports record number of Christmas packages
Czech Post accepted nearly 14 million packages in the last quarter of 2018, which is an increase by 15 percent on the same period in the previous year, the Czech News…
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Court rules large supermarkets must provide unsold items to food banks
Supermarket chains in the Czech Republic must continue providing unsold goods for free to food banks. The country’s highest court has thrown out an appeal from a group of…
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Czech travel agencies expect record year
A record number of Czech tourists are expected to travel abroad in 2019, suggests a survey conducted by Czech Radio among the country’s biggest travel agents. Turkey is…
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Czechs looking to 2019 with optimism
2018 has been a good year for the Czech economy. Unemployment is the lowest in the European Union, wages have grown both in the public and private sector. But statistical…
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Czech currency seen firming in volatile year of 2019
A pre-Christmas poll by the Reuters news agency of several dozen analysts pointed to a likely strengthening of the Czech crown next year, bolstered by the anti…
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