Business
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Demand for craftsmen on rise
If you live in Czechia and are planning to get your bathroom redone, you may be out of luck. Companies offering the services of tradesmen are reporting a surge in demand.
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Anniversary of the Week
August 12, 1978: Prague metro’s A line connects some of city’s iconic monuments
Prague’s metro A line passes under Prague’s iconic monuments, has a uniform design and vestibules featuring figures of Czech kings.
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Economist: “50% chance Czechia will adopt euro by 2030”
Minister of labour and social affairs, Marian Jurečka, says Czechia could adopt the euro by 2030. I discussed this with Lukáš Kovanda, chief economist with Trinity Bank.
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Survey: Economic optimism on rise amongst Czechs
2022 and the start of 2023 brought concern around affordability for Czechs. But new data shows that Czechs are feeling slightly more optimistic about the economy.
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Number of foreign workers continues to grow in Czechia
The number of foreign workers in Czechia continues to grow, as shown by the Czech Statistical Office. To understand these new trends, we spoke with Dalibor Holý.
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“It’s really big”: Czech authorities investigate breach of sanctions against Russia
A Czech-based, Russian-owned company is under investigation on suspicion of violating EU sanctions by exporting heavy machinery to Russia, Deník N reported on Thursday.
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Minister Lipavský: Czech economy must move from assembly to design
Over 150 Czech economic diplomats based the world over met in Prague this week for consultations on how to further the country’s economic interests.
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Czech National Bank issues special coin to commemorate 100 years of Czech Radio
A special CZK 200 silver coin has been issued by the Czech National Bank to mark the 100th anniversary of Czech Radio.
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A handmade tale: Leon Jakimič on making Lasvit “Czechia’s first new global luxury brand”
Lasvit is Czechia’s top exporter of glass and light installations, producing stunning creations for high-end locations around the world. We meet its founder Leon Jakimič.
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Expert: Govt. budget reforms “relatively solid compromise”
We asked politics professor Vít Hloušek from Masaryk University in Brno what he makes of the government’s largescale budget changes.
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Fiala cabinet unveils austerity package to get Czechia “in good shape”
The Fiala government has unveiled an austerity package aimed at reducing the country’s deepening state deficit and plans for a radical reform of old-age pensions.
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Why does cronyism thrive so well in Czechia?
Czechia is second on the crony capitalism index compiled by The Economist, after Russia and just ahead of Malaysia, Singapore and Mexico. Why is that so?
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