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03/12/2026
Domestic industrial production in the Czech Republic fell month-on-month in January by the largest amount since July 2023. According to analysts, the increase in new orders by about 10% is a positive sign. However, the future development remains uncertain due to the war in the Middle East.
Industrial production in the Czech Republic slowed its year-on-year growth to 2.8% in January, while compared with December 2025 it fell by 2.6%.
“After four consecutive months of rising industrial production, January brought a sobering result in the form of the sharpest monthly decline since July 2023. The manufacturing sector in particular showed a very weak result, falling by 3.8% month-on-month,” stated analyst at Investika Vít Hradil.
From a broader perspective, the overall result is industrial stagnation, as total output has remained practically unchanged since 2018, he added.
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03/12/2026
The opposition party TOP 09 wants to anchor the Czech Republic’s membership in the European Union and NATO in the Czech Constitution. According to the party, the country’s security and civilizational orientation toward the West must not become the subject of political experiments.
The party plans to approach all parliamentary parties for support, although it does not expect success with the governing SPD. A constitutional amendment requires 120 votes out of 200 deputies.
TOP 09 criticizes the stagnation of defence spending in this year’s budget. Compared with the proposal of the previous government, the cabinet of Andrej Babiš (ANO) cut the defence chapter by 21 billion crowns.
The Czech Republic has been part of NATO for 27 years. On Sunday, President Petr Pavel warned about the loss of trust among allies due to lower defence spending. According to him, it is not possible to benefit from security at the expense of others. Defence spending this year will amount to 154.79 billion crowns, about 1.8% of GDP, which does not meet NATO’s minimum target of 2% of GDP.
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03/12/2026
The price of diesel in the Czech Republic rose by 5.79 crowns over the past week to an average of 40.89 CZK per litre. In the last day alone it increased by 60 hellers. Compared with the end of February, when the war in the Middle East began and global oil prices rose as a result, the average price of diesel at Czech filling stations is now 7.79 CZK higher. This follows from data by the company CCS, which monitors fuel prices.
The price of the most commonly sold petrol, Natural 95, increased somewhat less. Petrol is currently sold at an average of 37.18 CZK per litre. A week ago it was 2.50 CZK cheaper, and at the end of February it was 3.57 CZK cheaper.
Compared with the situation a year ago, petrol in the Czech Republic is now 1.64 CZK per litre more expensive, while diesel costs 5.89 CZK more per litre.
On February 28, Israel and the United States carried out an airstrike on Iran. U.S. President Donald Trump said the attack was intended to prevent Tehran from acquiring a nuclear weapon.
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03/12/2026
Czech billionaire Michal Strnad has ranked among the world’s 100 richest people for the first time, according to the latest global wealth list published by Forbes. The owner of the arms manufacturer Czechoslovak Group is listed 69th with an estimated fortune of 31.1 billion dollars. Strnad is the only Czech in the top 100 and currently the richest person in the country, ahead of PPF heiress Renáta Kellnerová. According to Forbes, his wealth rose sharply after Czechoslovak Group entered the stock market. Overall, the ranking includes 11 Czech "dollar" billionaires. The list is once again topped by Tesla founder Elon Musk, whose fortune Forbes estimates at 839 billion dollars.
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03/12/2026
Czech President Petr Pavel and his wife Eva are beginning a state visit to Lithuania, where they will meet President Gitanas Nausėda and his wife Diana at the presidential palace in Vilnius. Pavel is also scheduled to hold talks with Prime Minister Inga Ruginienė and visit a monitoring operations centre near the Lithuanian-Belarusian border. Security threats from Russia and Belarus and continued support for Ukraine are expected to feature among the main topics of the talks. During the visit, Pavel will also lay a wreath at the Antakalnis Cemetery memorial to those who died for Lithuania’s independence and later meet the speaker of the Lithuanian parliament.
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03/12/2026
The lower house of the Czech parliament has approved the state budget for this year with a deficit of 310 billion crowns. It is the first budget drafted by the coalition government led by Prime Minister Andrej Babiš (ANO). The proposal passed with 103 coalition votes against 88 from the opposition, ending a period in which the country had been operating under a provisional budget. During the final vote, lawmakers also approved several coalition-backed changes, including an additional 800 million crowns for sports infrastructure and smaller increases for youth organisations and the MEDEVAC humanitarian programme. The budget will now go to President Petr Pavel for signature.
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03/11/2026
Seventeen-year-old Simona Bubeníčková won her second silver medal at the Winter Paralympics in Tesero, Italy, finishing second in the women’s 10-kilometre cross-country race using the classical technique. The visually impaired athlete added the medal to the silver she secured in Sunday’s biathlon endurance event. The reigning world champion over the distance was beaten only by Russian skier Anastasia Bagijanova, who claimed her second gold of the Games after winning Tuesday’s sprint. Bubeníčková had finished fifth in that event after falling in the semifinal. With the latest result, the Czech team now has three silver medals at the Games after a 16-year wait for a Paralympic podium finish.
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03/11/2026
President Petr Pavel met Czech soldiers stationed at the Ādaži military base in Latvia on Wednesday, speaking with them about international cooperation as well as everyday life during the mission. Around 50 Czech troops, mostly from the 153rd Engineer Battalion based in Olomouc, are currently deployed there as part of NATO’s forward presence strengthening the alliance’s eastern flank. The soldiers operate within a multinational brigade led by Canada and also including troops from Spain, Slovakia and Albania. Czech engineers support unit mobility and help limit enemy movement while gaining experience from cooperation with allied forces. Pavel, a former Czech army chief and NATO Military Committee chairman, also asked the soldiers about the winter conditions and opportunities for sports and recreation.
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03/11/2026
The Czech government has scrapped a more than 25-year-old resolution that prevented restrictions on flights by the president and the heads of parliament’s two chambers. Under the new rules, the prime minister will decide on priorities when organising official air transport for constitutional officials. Flights for the president, the speaker of the lower house and the Senate president will still be provided free of charge when connected to their duties. The issue gained attention last week after Senate President Miloš Vystrčil (Civic Democratic Party) faced criticism from coalition politicians for flying to Italy while repatriation flights were being organised for Czechs stranded in the Middle East.
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03/11/2026
Former Manchester United and Denmark goalkeeper Peter Schmeichel has criticised Tottenham coach Igor Tudor for substituting Czech goalkeeper Antonín Kinský just 15 minutes into Tuesday’s Champions League round-of-16 match against Atlético Madrid. Commenting for CBS Sports, Schmeichel stated the decision could damage the young keeper’s career. Kinský endured a difficult debut in the competition, with mistakes leading to two early goals before Tottenham fell behind 3–0. Tudor replaced the 22-year-old with first-choice goalkeeper Guglielmo Vicario. Several former goalkeepers, including David De Gea, expressed sympathy for Kinský, while Tudor said he made the change to protect both the player and the team.
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