Business
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One year later most illegal billboards still await removal
Legislation came into effect at this time last year aimed at removing thousands of billboards standing by motorways and first class roads across the Czech Republic…
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Cottage prices rising fast, study finds
The upswing in apartment and house prices in the Czech Republic has spread to the market for cottages and chalets. Indeed, such recreational homes have gone up by an…
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State to make major investment in rental flats
With property prices soaring, more and more Czechs are finding it hard to find affordable housing. Now the government has come out with one possible solution – a programme…
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Czechs dreaming of five-hour work day and unlimited holidays
Czech trade unions have been pushing for a shorter work week by two and a half hours, but a recent survey shows that Czech employees are dreaming of much more – a five…
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Proposed state budget deficit cut by 10 billion on back of rising revenues from wage increases
The Czech Republic has been among the EU’s top budget performers, running overall fiscal surpluses in the past two years on the back of an economic boom and a fall in…
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Winemaker of the Year prize goes to white wine producer from Mikulov
Jaroslav Volařík, a wine-maker from the South Moravian town of Mikulov, has just won this year’s title Winemaker of the Year. Nearly 60 Bohemian and Moravian producers…
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Babiš promises 10 percent raise for non-teaching school staff
Prime Minister Andrej Babiš says he plans to increase the salaries of teachers by 15 percent and those of non-teaching school employees by 10 percent. Speaking after talks…
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Hop yield predicted to decline due to drought
Czech farmers are predicting a significant slump in the hop harvest this year, caused by the unusually hot weather and lack of rain. Hop production is expected to drop…
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Survey: Czechs mistrust their partner’s financial skills
Czechs do not have much confidence in their partner’s financial skills, suggests a survey carried out by the post office bank, Poštovní spořitelna. They suspect their…
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Large supermarkets struggle with serious shortage of staff
Large supermarkets in the Czech Republic are struggling with a serious shortage of employees, caused by record low unemployment. According to the website Novinky.cz, a…
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Czech production of ice cream on the rise
The Czech Republic produced over 44 million litres of ice cream last year, which is the highest figure since 2004. Czechs have surpassed other EU countries, such as Greece…
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State launches new loan scheme for young homeowners
A new government scheme providing relatively cheap loans to young people to buy or renovate homes has just been launched. However, with prices continuing to soar many may…
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