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08/04/2026
Domestic banks are in very strong financial condition and would be able to withstand even a significant deterioration in economic conditions. This was confirmed by the results of supervisory stress tests conducted by the Czech National Bank (CNB). According to the tests, the Czech banking sector has a robust capital buffer.
The supervisory stress test is based on the methodology of the European Banking Authority, adapted to the specific characteristics of the Czech banking sector. The baseline scenario is derived from the CNB's official macroeconomic forecast published in its Winter 2026 Monetary Policy Report, while the adverse scenario simulates a substantial worsening of economic conditions. This year's testing included 13 Czech banks, representing approximately 92% of the banking sector's total assets in the Czech Republic.
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08/04/2026
The burned high-rise building in the former Baťa industrial complex in Zlín is scheduled to be handed over on Wednesday, August 5, by its owner, Cream, to the demolition company Build Synergy. The company is expected to demolish the remaining main structure within 25 working days. The fire-damaged and partially collapsed Building No. 34, which primarily housed warehouses and offices, was officially handed over by firefighters to Cream on Monday, July 27. Four days earlier, the local building authority had ordered the immediate demolition of the structure.
The eleven-story building caught fire on the morning of July 9. The fire most likely started on the ninth floor in a shoe warehouse leased by the company Vasky. From there, it spread to the upper floors and the roof. After the building collapsed in two sections, approximately half of the structure remained standing. Firefighters battled the blaze for nearly two weeks and officially declared it fully extinguished on Wednesday, July 22.
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08/04/2026
Ukraine plans to launch a new Carpathian Initiative this autumn, bringing together eight countries, including the Czech Republic and Slovakia, RBK-Ukraine reported, citing President Volodymyr Zelenskyy.
The initiative aims to boost cooperation in economic development, security and logistics, with culture and tourism to be added later. The planned members are Ukraine, Romania, Austria, Serbia, Hungary, Poland, the Czech Republic and Slovakia.
Zelenskyy said the project would allow countries unable to provide military aid to support Ukraine through humanitarian assistance, security, economic cooperation and post-war reconstruction, demonstrating confidence that the country will achieve peace. He added that the launch date is still under discussion.
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08/04/2026
A police decision to drop an investigation into alleged hate speech by MP Filip Turek of the Motorists party is now legally binding, Prague prosecutors said on Monday.
The supervising prosecutor said some of the social media posts did not constitute a criminal offence, while others did, but were published more than five years ago and are therefore barred by the statute of limitations. Police also concluded that Turek had authored the posts.
The case concerns dozens of racist, sexist and other hateful comments on Turek's social media accounts, mainly Facebook, uncovered by Deník N after his election to parliament. The newspaper also highlighted repeated references to Adolf Hitler and Benito Mussolini. Turek apologised for the remarks but denied writing some of the posts.
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08/03/2026
Tuesday should be clear to partly cloudy with daytime highs between 34 and 39 degrees Celsius, possibly hitting 40 in the eastern part of the country.
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08/03/2026
A prosecutor from the High Public Prosecutor's Office in Olomouc has indicted former justice minister Pavel Blažek, his former deputy Radomír Daňhel, lawyer Kárim Titz, and convicted drug dealer Tomáš Jiřikovský over the so-called bitcoin case, the Czech News Agency reported on Monday.
The case concerns a cryptocurrency donation worth nearly CZK 1 billion that Jiřikovský, a previously convicted drug dealer, gave to the Justice Ministry. Authorities allege the cryptocurrency was of dubious origin.
The prosecutor is seeking a prison sentence of six and a half years for Blažek.
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08/03/2026
Czech energy company ČEZ will begin paying dividends to its shareholders on Monday from last year's profit, distributing CZK 42 per share. The total payout amounts to CZK 22.6 billion, with the state, the company's majority shareholder, set to receive nearly CZK 16 billion.
The dividend was approved by shareholders at the company's annual general meeting in June, ČEZ spokesman Ladislav Kříž said. The company currently has around 168,000 shareholders.
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08/03/2026
Czech goalkeeper Lukáš Horníček has completed a transfer from Braga to Newcastle United, signing a five-year contract with the Premier League club.
The €30 million (around CZK 726 million) transfer makes the 24-year-old the third most expensive Czech footballer in history. Newcastle confirmed the signing on its official website.
The Vysoké Mýto native flew to the club's training camp in Spain over the weekend to finalize the deal.
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08/03/2026
The Czech Republic is expected to experience tropical temperatures throughout the week, with highs reaching up to 39 degrees Celsius. Conditions are forecast to cool slightly towards the end of the week, but daytime temperatures will still hover around 30 degrees, according to the Czech Hydrometeorological Institute (ČHMÚ).
Most days are expected to be bright and sunny, although isolated thunderstorms may develop in some areas each day.
The risk of wildfires remains elevated across most of the Czech Republic, with southern Moravia continuing to face a very high fire danger.
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08/03/2026
The Czech Senate has called on the government to speed up preparations for the introduction of European disability cards so that Czech people with disabilities can begin using them within a year. Senators made the recommendation while discussing the EU Strategy for the Rights of Persons with Disabilities 2030.
The relevant EU directive must be transposed into Czech law by June 5 next year. The Senate also urged the government to clarify how the new European disability card will relate to the country's existing disability ID cards.
Labour and Social Affairs Minister Aleš Juchelka said the European Disability Card, together with the European Parking Card, is intended to make it easier for people with disabilities to travel and move freely across the European Union.
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