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08/23/2024
The Czech government is likely to lend part of its emergency fuel reserves to Orlen Unipetrol to compensate for a production shortfall caused by the discovery of the unexploded bomb at the Litvínov refinery. The loan, pending government approval, would ensure no fuel shortages occur. Pavel Švagr, head of the State Material Reserves Administration, confirmed that the state's fuel reserves are sufficient to cover the gap, dismissing concerns about fuel shortages or price increases. Orlen Unipetrol is coordinating with state institutions and partners to maintain supply continuity.
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08/23/2024
Saturday should be mostly clear and hot with temperatures between 30 to 35 degrees centigrade.
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08/23/2024
State-owned company Čepro will finalize the integration of Robin Oil gas stations into its management by the end of August. So far, over two-thirds of the 75 stations have been transitioned. Once complete, all Robin Oil stations will supply the same fuel as EuroOil stations and offer electronic toll stickers. The process, which involves several hours of work per station, is being carried out primarily at night to minimize sales disruption. Čepro acquired Robin Oil earlier this year and now operates a total of 285 stations, making it the third-largest network in the Czech Republic after Polish owned Benzina - Orlen and Hungarian MOL.
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08/23/2024
The average cost of essential school supplies for a first-grader in the Czech Republic has increased by about 10% this year, totaling 3,189 CZK, according to an analysis by Česká distribuční company. Notably, the prices of notebooks, pens, and glue have risen by about 50%, while school backpacks, the largest expense, have increased by 12%, now averaging 1,357 CZK. Conversely, school bags and some other items have seen price drops. Despite overall higher costs, discounts on school supplies have increased, with stores offering an average discount of 21% compared to 16% last year.
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08/23/2024
Liberty Ostrava, a steel plant in financial distress since June, has started issuing layoff notices to around 1,600 employees. The affected workers have been offered two-month notice periods or the option to leave by mutual agreement. The plant, which had about 4,000 employees, was one of the major remaining employers in a region that had undergone a painful economic transformation in the 1990s with many people losing jobs in heavy industry and mining. It has largely been inactive since December due to halted energy supplies it was unable to pay for. Earlier this year, the company announced plans to close its coke plant and reduce its workforce by 2,600 employees by fall. Many workers have already left voluntarily, with over 600 resigning in July alone.
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08/23/2024
The number of girls diagnosed with eating disorders in Czechia has doubled since 2010. There is an alarming increase among those under 18, according to data from the Institute of Health Information and Statistics obtainde by the Czech Radio. In 2010, there were 1,199 cases, rising to 3,500 in 2023. Experts warn that these statistics likely underrepresent the true number of affected individuals, as many cases go untreated or are managed outside the overwhelmed healthcare system. The COVID-19 pandemic exacerbated the situation, intensifying anxiety and body image issues among young people.
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08/23/2024
Four new ambassadors to Czechia have presented their credentials to President Petr Pavel on Friday.
The new diplomats, who will all be stationed in Prague, include Slovenian ambassador Ales Balut, Portugal’s Carlos Oliveira, Haidar Ghubeshi Barrak of Iraq and Victor Sepúlveda from Chile.
After the ceremony at Prague Castle, the ambassadors can officially assume their office.
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08/23/2024
The Czech government will extend the windfall tax on energy companies and large banks into 2024, as the state faces a 35 billion crown deficit due to the energy crisis. Finance Minister Zbyněk Stanjura from the Civic Democratic Party confirmed the tax’s continuation, citing insufficient extraordinary revenues to cover the state’s crisis-related expenses. While most coalition parties support the tax, there is debate over additional sectoral taxes. Minor shareholders of ČEZ energy company, heavily impacted by the tax, are considering legal action, arguing that the state is unfairly burdening the company to meet budget needs.
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08/23/2024
Minister of Labor and Social Affairs, Marian Jurečka (Christian Democrats), opposes adding dismissal without cause to the labor code amendment. In an interview with Czech Radio, he argued that the current changes are sufficient to make the labor market more flexible while still protecting workers. The government’s proposal includes measures such as adjusted notice periods, allowing minors aged 14 and above to work, and improving protections for working parents. Jurečka advocates for increasing unemployment benefits in the initial months of unemployment to encourage job transitions. He also aims to reach a compromise with unions on wage increases, focusing on adjustments starting September 1, with further increases planned for January 2024.
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08/23/2024
After a nearly seven-week hiatus, the daily changing of the guard ceremony has resumed at the Gate of Giants at Prague Castle. The gate had been closed since July 8 due to the replacement of security posts, which required archaeological research. During the closure, the ceremonial guard was replaced by performances from the Castle Guard Band. The Gate of Giants, the main entrance to the castle, is notable for its statues of battling giants, originally crafted by Ignác František Platzer in the 1770s and later replaced by replicas in 1921.
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