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09/23/2025
Housing conditions in Czechia are currently the fifth worst among EU countries. Although Czechia remains in the same position in the ranking as last year, some indicators have changed. Today, the average apartment costs approximately 13.6 times the average annual salary, which is the third worst result in the EU. Last year, purchasing an apartment required 12.9 times the annual salary. On the other hand, rental housing in Czechia ranks as the fifth most affordable in comparison to other EU countries.
About one-tenth of people spend over 40% of their income on housing, compared to 9% of households last year that were significantly burdened by housing costs. In this indicator as well, Czechia ranks fifth worst in the EU, whereas last year it was in eighth place. This data comes from this year's Prosperity and Financial Health Index, compiled by Česká spořitelna and the Evropa v datech (Europe in Data) portal.
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09/23/2025
The results of a detailed content, formal, and chemical analysis of a letter containing the words of Czechoslovak President Tomáš Garrigue Masaryk from the final years of his life will be presented by archivists and other experts at a scientific seminar, which will take place at the Lanna Villa in Prague on October 15.
At the same time, the text will be placed in the context of the period as well as Masaryk’s life and work. The National Archives informed the Czech News Agency (ČTK) that it will subsequently publish a digitized copy of the document, its full transcript, translation, and accompanying analyses and commentary on its website and on www.tajemnaobalka.cz.
Archivists also plan to publicly exhibit the original document, with the date to be announced later.
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09/23/2025
More than 300 public figures have signed an open letter to President Petr Pavel, criticizing the government of Prime Minister Petr Fiala (Spolu) for what they see as a failure to uphold human rights and international law in Gaza.
The letter, drafted by the initiative Mluvme o tom (“Let’s Talk About It”), includes signatories such as former ombudswoman Anna Šabatová and former Czech diplomat to Israel Antonín Hradilek. According to them, Fiala’s cabinet supports Israel’s actions in Gaza despite being aware of serious violations of international law by Prime Minister Benjamin Netanyahu’s government. They argue that the Czech government is breaching its legal obligations under both the Genocide Convention and Czech law to prevent genocide.
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09/23/2025
Czech President Petr Pavel unveiled a gift to the United Nations at its New York headquarters on Monday—a glass installation titled Herbarium by the renowned Czech glassmaker Lasvit.
The Czech Republic is among roughly 130 nations that have contributed official gifts to the UN in its 80-year history. The Herbarium will be permanently displayed at the entrance to the General Assembly building.
“May the Herbarium inspire all who enter the United Nations to cherish the beauty of our planet and reaffirm their commitment to protect it. May this gift serve as a beacon of hope, unity, and peace,” President Pavel said at the unveiling.
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09/23/2025
Czech President Petr Pavel has strongly defended the continuation of the Czech-led ammunition initiative in support of Ukraine, warning it would be “very dangerous and unfortunate” for the country to withdraw from the multi-national project. Any attempt to limit or cancel the initiative, he said, would damage the country’s credibility among allies and hurt Ukraine. Pavel made the remarks to Czech reporters in New York on the sidelines of the UN General Assembly. The leading opposition party, ANO, has pledged to abolish the program if it wins the parliamentary elections in October.
Commenting on the situation in the Middle East, Pavel said the expansion of Israeli settlements in the occupied West Bank runs directly counter to what should be the solution to the Israeli-Palestinian conflict, namely, some form of Palestinian statehood. He was responding to statements by Israeli politicians on Sunday announcing further settlement growth, which is considered illegal under international law.
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09/22/2025
The Russian daily Komsomolskaya Pravda reported Monday that the Czech Republic had begun issuing visas to Russian tourists disguised as permits for other purposes, allegedly to offset losses in tourism revenue.
The Czech Foreign Ministry dismissed the report, saying there had been no change in the country’s approach. “With the exception of strictly defined cases, we are not accepting visa applications from Russian citizens,” ministry spokesperson Daniel Drake told Novinky.cz. Exceptions listed on the ministry’s website mainly concern visits by close family members, he said.
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09/22/2025
The Czech crown reached its strongest level against the euro in more than two years on Monday. By 5pm, the crown had firmed by four halers to 24.25 CZK/EUR compared to Friday’s close, the lowest rate since September 5, 2023. Against the U.S. dollar, the crown also gained, strengthening by six halers to 20.60 CZK/USD, according to data from Patria Online.
The Prague Stock Exchange opened the trading week in positive territory. The PX index rose by 0.42 percent to 2,303.59 points, supported by energy group ČEZ shares and, in the banking sector, Moneta Money Bank, according to stock exchange data.
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09/22/2025
Half of Czech secondary schools had to spend the summer searching for teachers for the new academic year, with the highest demand in mathematics, electrical engineering, and mechanical engineering, according to data from the Ministry of Education. Principals are coping with staff shortages by assigning extra hours to the teachers they have or hiring unqualified teachers, the report says, adding that some schools are still advertising vacancies.
The average age of teachers continues to rise, making it increasingly difficult to fill specialized positions. Ministry data suggest that in the next five years, around 40% of schools in the Vysočina region will face a shortage of teachers, particularly in math, electrical engineering, and information technology.
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09/22/2025
The U.S. rating agency Moody’s Investors Service has reaffirmed Prague’s long-term credit rating at Aa3 with a stable outlook, according to Prague City Council.
Moody’s said the rating reflects the Czech capital’s strong fiscal position, prudent financial management, and the expectation that the Czech state—which holds the same rating—would support Prague in the event of financial difficulties.
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09/22/2025
The Czech government will approve the draft state budget for next year on September 30, Finance Minister Zbyněk Stanjura (Spolu) told Czech Television on Monday. That is the latest possible date, as the law requires the cabinet to submit the proposal to the Chamber of Deputies by the end of September.
The Finance Ministry presented a draft budget in late August with a planned deficit of 286 billion crowns. The cabinet may still make last-minute adjustments.
Since parliamentary elections are scheduled for early October, the proposed draft budget will be debated by the new Chamber of Deputies. The opposition ANO party, which is expected to win the elections by a large margin, has already declared it would reject the draft and push for revisions. In that scenario, the Czech Republic would likely start the year under a provisional budget, which limits government spending.
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