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05/20/2022
Saturday should see temperatures range around 22 degrees Celsius with overcast skies and possible storms.
Meteorologists have issued a warning that powerful storms could break out across much of the country between the afternoon and evening hours of Friday. Windspeeds could reach up to 90km/h in the west of the country, while in the east they could be slightly lower at 70km/h. Meanwhile, associated torrential rainfall could raise water levels in smaller waterflows. Saturday's storm intensity is expected to be lower.
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05/20/2022
The government is considering a destructuralisation of energy company ČEZ, in which the Czech state is a majority shareholder, Prime Minister Petr Fiala told Hospodářské noviny in an interview published on the daily newspaper’s website on Thursday. Mr Fiala said that one of the options would be to divide the company. However, he said that a thorough analysis is needed before any decision can be made.
ČEZ shares rose by 8 percent on the Prague Stock Exchange after news site Seznam Zprávy reported on Wednesday that the government is considering getting the company’s power plants under state control in order to gain control over energy prices.
However, analysts questioned by the Czech News Agency said that such a move would not be able to help alleviate the current energy crisis, as it would take several years to implement. However, there was consensus that it would enable the state to gain control over energy prices.
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05/20/2022
For the first time in nearly five years, there has been a decrease in Czech household bank deposits, Czech Radio’s news site iRozhlas.cz reported on Friday. March 2022 saw a CZK 26 billion month-on-month decrease in deposits. That is close to 1 percent of the total CZK 3.04 trillion crowns of Czech household money that is currently deposited in banks.
The same month also saw a decrease in savings among tradesman. Whereas in February there total bank deposits lay at CZK 167 billion, in March this number had gone down by CZK 1 billion. This is the sixth time in seven months that tradesmen deposits have fallen. Meanwhile, company deposits in banks grew from February to March by CZK 10 billion, reaching a total of CZK 1.33 billion. The data was gathered from calculations conducted by CRIF - Czech Credit Bureau, which used data from the Czech National Bank and the informaceofirmach.cz website.
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05/20/2022
The Czech Republic will receive 27.4 million euros (around CZK 680 million) from the European Union as aid for refugees from Ukraine. Prime Minister Petr Fiala said on Thursday that this is a helpful step, but the amount is not final and he expects further negotiations.
Poland, Slovakia, Hungary and Romania will also receive financial support from the EU. In April, the Commission pledged to provide the countries most affected by the refugee wave with a total of 400 million euros (almost CZK 10 billion), of which the first part has now been distributed among the five countries. More than half of the allocated amount will go to Poland, which has taken the greatest number of refugees. The money is intended primarily for food, transportation and accommodation for people fleeing the Russian invasion.
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05/20/2022
On Thursday evening the lower house approved the government's request to extend by 30 days a state of emergency passed to help deal with the influx of Ukrainian refugees. The vote was passed after an almost six-hour debate in parliament, despite not having the support of most opposition members.
The state of emergency for managing the migration wave has been in force in the Czech Republic since March 4. Without this extension, it would have ended on May 31. Government officials emphasize that the current state of emergency, in contrast to the ones imposed during the coronavirus crisis, does not restrict Czech citizens in any way.
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05/19/2022
Friday should be mostly cloudy with a chance of rain in the afternoon, and day temperatures between 22 and 27 degrees Celsius.
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05/19/2022
Education Minister Petr Gazdík announced on Thursday that his ministry will launch a project in September that will support 400 disadvantaged schools in the Czech Republic with CZK 1.8 billion. He announced it after a visit to the Za Chlumem primary school in Bílina in the Ústí nad Labem Region, which made headlines this month for getting a security agency to guard the school due to “problem children”.
The Bílina primary school has struggled in recent years with truancy, damage of school property, verbal attacks on classmates and teachers, and pupils smoking in the toilets. Money from the new project could be used by schools such as Za Chlumem to pay for social and special educators, school supplies, or meals for pupils.
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05/19/2022
The European Commission is suing Czechia for its failure to enforce EU rules regarding video content that were introduced in 2018, and asked the EU Court of Justice on Thursday to issue a fine. According to the Commission, the directive has not been adopted into Czech law.
The regulations aim, among other things, to improve protection of child viewers, to promote the cultural diversity of television content, and to extend the definition of illegal and harmful content to Internet video channels. Four other EU countries – Slovakia, Ireland, Romania and Spain – are also being fined.
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05/19/2022
A working group will be set up in the Chamber of Deputies with the aim of preventing paralysis of the lower house of Parliament by filibustering, the Speaker of the Chamber of Deputies Markéta Pekarová Adamová told Deník N on Thursday. The chamber’s sessions have been repeatedly blocked by filibustering in recent months.
This February, for example, the opposition Freedom and Direct Democracy party blocked the adoption of an amendment to the pandemic law. In recent weeks, it was also used to oppose the possible introduction of postal voting for elections and to hamper discussion of an amendment to the Conflict of Interest Act. Tactics have included long breaks for parliamentary group meetings or making speeches several hours in length.
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05/19/2022
Finance Minister Zbyněk Stanjura has ordered a review of his predecessor Anna Schillerová’s decision to waive VAT for gas and electricity in November and December of last year. The aim of the review is to check the legality of the decision, he said. By law, in order for the finance minister to waive VAT, the sharp rise in energy prices during the final quarter of last year has to be deemed an ‘extraordinary event’. Mr. Stanjura said on Thursday that the waiver also appeared to be in breach of EU law.
Extraordinary events that warranted a VAT waiver in the past have been, for example, the coronavirus pandemic, a tornado in South Moravia, or the war in Ukraine.
The ministry has said that the initiation of the review does not mean that VAT payers who benefitted from the waiver will have to repay anything at the moment.
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