• 10/23/2024

    The current Czech government is very likely to fulfill over 90% of its programme of policies, Prime Minister Petr Fiala said in an interview with ČTK. The Prime Minister is pleased with the success rate, considering that the government could not count on the war in Ukraine, inflation or the energy crisis when first devising the programme. In response to these developments, the cabinet revised the programme after fourteen months, and the revisions were accepted in March 2023. Ahead of next year's general elections, Fiala says that the priorities for the remaining time are pension reform, the revision of social benefits and the amendment of labour laws.

    Author: Danny Bate
  • 10/23/2024

    Czechia will meet its goal of delivering 500,000 rounds of large-caliber ammunition to Ukraine by the end of this year as part of its initiative, Prime Minister Petr Fiala (Civic Democratic Party) said in an interview with Czech Press Agency. He emphasized the need for continuous military support for Ukraine, including energy assistance through the winter, as Russia deliberately targets energy infrastructure. Fiala condemned the potential involvement of North Korean soldiers in the Ukraine conflict, calling it unacceptable and highlighting the global threat posed by regimes like North Korea and Iran.

    Author: Vít Pohanka
  • 10/23/2024

    Starting in January, some court cases will no longer be decided by panels with lay judges, formerly known as people’s judges. The Czech parliament confirmed this decision today, overturning President Petr Pavel’s veto. Pavel opposed the bill, citing the need for more analysis before removing lay judges in such large numbers, especially in criminal cases. The government argues the reform will reduce bureaucracy and save around CZK 8 million annually. Lay judges will still participate in serious criminal cases, such as murder, at regional courts.

    Author: Vít Pohanka
  • 10/23/2024

    The Czech Parliament is today (Wednesday) holding its first round of debate on the proposed state budget for next year. The government’s proposal includes a deficit of CZK 241 billion, which is CZK 41 billion less than the revised budget for this year. Opposition party ANO, as well as the Pirates, are calling for the budget to be sent back to the government for revision. The main priorities include public finance consolidation, boosting investments, and addressing the aftermath of recent floods. This year’s budget was adjusted in October to cover an additional CZK 30 billion in flood damage.

    Author: Vít Pohanka
  • 10/22/2024

    The International Monetary Fund (IMF) has revised its outlook for the Czech economy, forecasting a 1.1% GDP growth for 2024, up from the 0.7% predicted in April. This follows a 0.1% decline in 2022. For 2024, the IMF expects a 2.3% growth, slightly below the Czech Finance Ministry's estimate of 2.7%. Among Visegrád countries, the Czech Republic is projected to have the lowest growth this year. Inflation is expected to slow to 2.3% in 2023, with a further decline to 2% next year. Unemployment is forecasted to rise slightly to 2.8% before dropping to 2.5% in 2025.

    Author: Vít Pohanka
  • 10/22/2024

    The Czech Chamber of Deputies will be able to debate laws overnight once again, a measure pushed through by the coalition. The decision was made to ensure as many laws as possible can be discussed, particularly if extended speeches by opposition members delay proceedings. Leader of the government Civic Democratic Party MP group Marek Benda proposed the extended hours, citing concerns over potential delays due to opposition delaying tactics. The Chamber also unanimously agreed to fast-track government aid for those affected by recent floods in Moravian-Silesian and Olomouc regions. Additionally, lawmakers may debate a bill to abolish lay judges, which President Pavel vetoed, citing the need for more thorough analysis.

    Author: Vít Pohanka
  • 10/22/2024

    People in Czechia can expect morning fog or low clouds in some areas, particularly in Moravia on Wednesday. High temperatures between 12 and 16°C.

  • 10/22/2024

    Car production in Czechia rose by 7.8 percent in the first three quarters of the year, reaching nearly 1,1 million vehicles. Of these, a little more than 100 thousand were electric vehicles, with their share in total production falling to 9.7 percent, a decrease of 3.5 percentage points. A total of about 75,000 vehicles were sold domestically, while over a million were exported, marking an 8.8 percent increase in exports. Car production results are typically a strong factor in the overall growth of the Czech economy.

    Author: Vít Pohanka
  • 10/22/2024

    ČEZ, a partially state-owned Czech energy company, is set to make a major investment in Rolls-Royce's small modular reactor (SMR) division. A deal is expected to be signed soon, Czech Minister of Trade and Industry Lukáš Vlček (Mayors and Independents Party) told Czech Radio. The capital investment is estimated to be in the range of several hundred million British pounds, or billions of Czech crowns. This partnership aims to boost not only the energy sector but also Czech industries such as engineering and electronics. While the government supports the nuclear sector's development, plans for a state-owned gas company are currently on hold due to a lack of funding.

    Author: Vít Pohanka
  • 10/22/2024

    Opposition ANO Party maintains steady support ahead of next year's elections, while voters of the governing coalition are increasingly uncertain, shows research by PAQ Research Institute for Czech Radio. Sociologist Michael Škvrňák notes that the government’s support is lower than a year ago, with many voters wavering between parties or considering not voting at all. ANO has successfully mobilized support from non-voters and smaller parties.

    Author: Vít Pohanka

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