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10/15/2022
Around a fifth of small investors in Czechia are cutting back on their investments in order to cover the cost of their growing household expenses, according to a survey conducted at the end of September by the investment company eToro among thousands of respondents. A further 14 percent are cutting back on investments in order to create emergency savings and another eight percent are doing so in order to keep the cash and reinvest it once the market starts to recover. The confidence of small investors has decreased by ten percentage points over the past 12 months, the survey also showed.
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10/15/2022
On Friday 1940 new cases of Covid-19 were registered in Czechia, which is a drop of about a third from the same day last week and the first time since 2 September that there have been less than 2000 cases recorded on a weekday. The number of patients with covid in hospitals is also decreasing; there are now fewer than 1500. The infection rate has been declining since roughly the start of October.
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10/14/2022
The Czech lower house approved a law on Friday inspired by the US 2016 Magnitsky Act, allowing national sanctions against foreign entities who have committed serious illegal acts. The legislation will allow the Czech state to impose sanctions not included in the EU's sanctions list on people associated with organisations or regimes that violate human rights or use cyber attacks. They could, for example, be prevented from entering or staying on Czech territory or have their assets frozen.
The Russian invasion of Ukraine forced the government to speed up the preparation of the legislation, which should be adopted by the end of next year. The law now needs to be approved by the Senate.
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10/14/2022
Saturday is expected to be overcast with day temperatures ranging between 12 and 16 degrees Celsius.
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10/14/2022
The lower house approved an amendment to Czech copyright law on Friday that will mean tech giants such as Google, Twitter and Facebook will have to obtain a licence from media outlets in order to be able to use their articles commercially. Google has criticised the measure, saying it will make access to trustworthy and reliable news more difficult, and said it may react by considerably limiting the length of news excerpts from Czech media sources in its search results. Czech Culture Minister Martin Baxa has spoken out in support of the measure, saying that it will not weaken the fight against disinformation or limit the development of information services.
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10/14/2022
The Czech Presidency of the Council of the European Union is presenting a proposal for reform to the EU's asylum and migration policy at a meeting of EU Interior Ministers in Luxembourg on Friday. A key point of discussion will be the recent increase in the number of migrants arriving via the so-called Balkan route. Czech Interior Minister Vít Rakušan said that the reforms seek to find a balance between solidarity and responsibility, the Czech News Agency reports.
Tensions between the Czech Republic and Slovakia have been growing recently after Czechia introduced controls at their common border in an attempt to stop the current influx of migrants. Slovakia says that the Czech Republic is not complying with the so-called readmission agreement and drops migrants off at the border without consulting Slovakia. Slovak Interior Minister Roman Mikulec said that the problem cannot be solved bilaterally and that an EU level discussion is needed.
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10/14/2022
The Czech cities of Broumov and České Budějovice have been chosen as finalists for European Capital of Culture 2028. Brno, Liberec, and Chomutov had also been in the running but were not chosen. The final winner will be chosen next year.
The title of European Capital of Culture is awarded annually by the European Union to two cities in EU member states. The award is an opportunity for cities to present their cultural life and its development, and tends to bring with it an influx of tourists, cultural and socio-economic development and the transformation of the city.
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10/14/2022
Winners of the 30th annual Building of the Year contest in Czechia were announced by the Foundation for the Development of Architecture and Civil Engineering at a ceremony in Prague on Thursday evening.
Among the ten winners is the world’s longest suspension footbridge in the Dolní Morava resort in the northeast of the country, the newly-reconstructed Army Museum in Prague’s Žižkov district or the pedestrian bridge over the Elbe River in the town of Nymburk.
The title of Foreign Construction of the Year was awarded to the newly-reconstructed Bratislava Castle premises. This year’s Building of the Year contest saw 83 applications, with the expert jury nominating 31 of them.
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10/14/2022
The coronavirus epidemic in Czechia continues to slow down. On Thursday, laboratories registered 2,290 new cases of Covid-19, which is around 500 fewer than on the same day last week, according to the Ministry of Health data. The number of suspected reinfections has dropped to 846 cases.
The number of Covid patients has also been decreasing. On Thursday, there were 1595 hospitalized with Covid, around 320 fewer than in the previous week.
The weekly incidence number has also dropped and currently stands at 139 new cases per 100,000 inhabitants.
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10/13/2022
Il Boemo, a new film by Czech director Petr Václav, which premiered at the San Sebastian film festival last month, will enter Czech cinema distribution next Thursday, October 20.
The film, starring Vojtěch Dyk as 18th century composer Josef Mysliveček, has been chosen as the Czech nominee in the Best International Film category at the Academy Awards.
The Czech premiere will be accompanied by an exhibition at Prague’s Clam Gallas Palace, focusing on the life and career of the composer, who found great success in Italy in the opera genre.
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