• 11/09/2022

    Tourism reached pre-pandemic numbers in Czechia in the third quarter of 2023, at least according to mass accommodation facility booking figures released by the Czech Statistics Agency on Wednesday. According to statisticians the number of people staying in hotels, hostels and pensions lay at 7.3 million, just 3 percent below those registered in the pre-pandemic year 2019. The number of foreign guests staying in Czech mass accommodation facilities lay at 2.5 million, an increase by 99 percent.

    Revenues of the service sector in general saw a year-on-year rise by 6.9 percent during the July-September period.

  • 11/09/2022

    In its new macroeconomic prognosis, the Ministry of Finance announced on Wednesday that it expects Czechia’s gross domestic product to grow by 2.4 percent for the year 2022. The estimate is 0.2 percent higher when compared to the ministry’s August projection. However, the prognosis estimates the economy will contract by 0.2 percent next year.

    Finance Minister Zbyněk Stanjura said on Wednesday that the Czech economy began to decline in the third quarter of this year and that he expects a quarter-on-quarter decline also in the last three months of 2022 as well as in the first quarter of 2023. He told journalists that the Czech economy is not under threat of a major recession unless a severe external shock were to occur.

    The Finance Ministry also improved its estimate on the level that inflation will reach this year, from August’s 16.2 percent to 15 percent. In 2023, inflation is expected to reach 9.5 percent.

    Meanwhile, officials expect the public deficit for this year to lie at 4.6 percent of GDP and at 4.3 percent next year.

  • 11/09/2022

    Prime Minister Petr Fiala’s government are set to revise the policy programme in which they set out plans for their four-year term, Novinky.cz reported on Wednesdays. The reasons are the war in Ukraine and the energy crisis, which have both impacted the Czech economy, the news site said.

    The government’s economic advisory council, NERV, has recommended tax increases, but this idea has been rejected by Mr. Fiala’s Civic Democrats.

    Author: Ian Willoughby
  • 11/08/2022

    The National Cyber and Information Security Agency says the number of cyber incidents in Czechia last month was far above average, reaching the highest level since April.

    In a statement issued on Tuesday, officials say they recorded 19 cyber-attacks in October, with some carried out by the group Anonymous Russia.

    Nearly 70 percent of the incidents seen were DDoS attacks.

    Last month also saw the first incident classed as “very significant” since May. It concerned telecommunications services.

    Author: Ian Willoughby
  • 11/08/2022

    Would-be candidates for president of Czechia delivered boxes of signatures to the Ministry of the Interior in Prague on Tuesday, the deadline for registry.

    If backing has not been secured from legislators, 50,000 signatures are required to qualify for the elections.

    A number of prospective candidates collected far more than that number, in case some of the signatures gathered are rejected.

    Some 21 people succeeded in registering before the deadline passed.

    Presidential elections are set to take place over two rounds in January.

    Author: Ian Willoughby
  • 11/08/2022

    The Czech minister of foreign affairs, Jan Lipavský, is set to visit Georgia on Wednesday and Thursday. He will hold talks in Tbilisi with his counterpart, Ilia Darchiashvili, and Prime Minister Irakli Garibasvhili.

    Czech officials said discussions would centre on European and security issues, as well as the development of business and economic ties.

    Mr. Lipavský will pay his respects to soldiers who lost their lives defending Georgia between 1991 and 1993 in Tbilisi.

    He backs Georgia’s efforts to join the European Union.

    Author: Ian Willoughby
  • 11/08/2022

    The 17th All Sokol Slet, or gathering, is set to take place in Prague from June 30 to July 5, 2024, the organisers said on Tuesday. Around 20,000 people are expected to attend the event, which will have an accompanying programme at the National Theatre and other venues.

    Such gatherings are held every six years by Sokol, which is a gymnastics and fitness association that dates back to the 19th century Czech National Revival.

    Author: Ian Willoughby
  • 11/08/2022

    It should be mainly overcast in Czechia on Wednesday, with an average high temperature of 11 degrees Celsius. The following days are expected to see similar weather.

    Author: Ian Willoughby
  • 11/08/2022

    The Czech-born translator and writer Markéta Goetz-Stankiewicz has died in Canada at the age of 95. During the communist period she regularly returned to Czechoslovakia, where she had connections among the dissent, including future president Václav Havel.

    Markéta Goetz-Stankiewicz’s family left Czechoslovakia after the Communists took power in 1948 and later settled in Canada, where she became a professor of German Studies and comparative literature.

    Author: Ian Willoughby
  • 11/08/2022

    Unemployment in Czechia stood at 3.5 percent in October, the same level it was at the previous month, according to official figures released on Tuesday. The number of people out of work remained at around 256,000. It is still lower than the number of unfilled positions, which last month was over 297,000.

    Experts say they expect joblessness to rise in the coming months as some manufacturers reduce production.

    Author: Ian Willoughby

Pages