OECD: Czech economy to see fifth steepest downturn in the world in 2020
This year's economic downturn in the Czech Republic will be the fifth steepest in the world, according to an estimate by the Organization for Economic Co-operation and Development (OECD).
According to the projection only the United Kingdom, Italy, Spain and France will be worse off.
The OECD predicts that the Czech gross domestic product will fall by 9.6 percent this year, and the country will experience a recovery in 2021 when the economy will grow by 7.1 percent.
In the event of a second wave of the coronavirus epidemic in the autumn, the GDP would fall by 13.2 percent, and next year it would rise by only 1.7 percent.
The Czech Republic has seen healthy growth in the past years which accounts for the predicted steep fall this year.
Strict new Covid-19 restrictions, including closure of most shops, enter force10/22/2020
New restrictions aimed at curbing a huge increase in Covid-19 cases and hospitalisations in the Czech Republic came into effect on Thursday morning.
Non-essential contact with other people has been prohibited; people are only allowed to go to work and to undertake necessary family visits or to make indispensible purchases.
People are permitted to visit the countryside or parks in the company of no more than one other person.
All shops and small businesses are closed with the exception of food stores, chemists and toiletries stores and some other outlets. Schools, restaurants and bars had already been ordered to shut. Face masks must be worn outside.
Fresh Czech record 14,986 Covid cases registered Wednesday10/22/2020
Some 14,986 new cases of Covid-19 were registered in the Czech Republic on Wednesday, which is a record one-day increase since the start of the pandemic. The total number of active cases in the country now stands at 124,040.
At present 4,417 people are hospitalised with the coronavirus, with 657 of them in a critical condition. To date 1,739 people have died with the virus, with 253 of those deaths coming so far this week and over half occurring since the start of October.
Government to cover wages of companies hit by new Covid restrictions10/21/2020
The Czech government says it will cover the complete wages and contributions of the staff of companies that have been forced to close because of new measures aimed at containing the spread of Covid-19. In addition firms who have been impacted by the restrictions, which come into effect on Thursday, may also apply for their rent to be covered under a government programme.
The impacted sectors may also defer certain tax payments. At the same time the self-employed can apply for compensation amounting to CZK 500 per day. The proposal was approved by the Chamber of Deputies under a fast-track procedure.
Ex-referee Damková quits FA posts after arrest of partner10/21/2020
Former referee Dagmar Damková has resigned from the Executive Committee of the Czech Football Association and as chair of the Steering Committee for Bohemia. The move follows the resignation of her partner Roman Berbr, who was recently arrested in a scandal surrounding alleged match fixing.
Damková had a very successful career as a referee, officiating at an Olympics final and other major games.
Czech government to close most shops among strict new Covid-19 measures10/21/2020
The Czech government has announced strict new measures in response to an enormous rise in the number of Covid-19 cases and hospitaliations in the country. The new measures will take effect from Thursday and will be in place until at least Tuesday November 3.
Non-essential contact with other people has been prohibited; people will only be allowed to go to work and to make necessary family visits or to make essential purchases, the minister of health, Roman Prymula, announced on Twitter.
People are allowed to visit the countryside or parks in the company of no more than one other person. Face masks must be worn outside.
All shops and small businesses will be closed with the exception of food stores, chemists and toiletries stores. Schools, restaurants and bars had already been ordered to close.
Prime Minister Andrej Babiš said the moves were intended to prevent a collapse in the Czech healthcare system. Minister Prymula denied that the current situation represented a lockdown.
Czech car production falls by 24 percent in first three quarters10/21/2020
Czech car production declined by 24 percent year-on-year in the first three quarters of 2020, the Automotive Industry Association said on Wednesday. Almost 810,000 vehicles were made between the start of January and the end of September.
The country’s largest auto manufacturer, Škoda Auto, said its output had fallen by 20 percent in the first three quarters. Hyundai said its plant had produced 30.5 percent fewer vehicles in the same period.
The industry was hit by the coronavirus crisis in the spring, when a number of car makers were forced to halt production.
New website makes Czech theatres accessible online10/21/2020
A new website has been launched in the Czech Republic that allows viewers to watch recording of theatre performances via their computers. The system, named Dramox, currently allows subscribers to watch around 40 plays from 30 theatres in different parts of the country.
Over half of the subscription fee goes to the theatres themselves. Czech theatres are currently closed due to Covid-19 restrictions.
It should be overcast in the Czech Republic on Thursday, with an average maximum temperature of 17 degrees Celsius. The cloudy and unusually mild weather should then continue for several days.
Head of Czech coronavirus task force Hamáček tests positive for Covid-1910/21/2020
The Czech minister of the interior and head of the Central Crisis Staff, Jan Hamáček, has tested positive for Covid-19. A spokesperson for his party the Social Democrats relayed the news to the Czech News Agency on Wednesday morning. Mr. Hamáček took a test for the coronavirus following a meeting with the minister of agriculture, Miroslav Toman, who himself tested positive on Sunday.
The spokesperson said other members of the Social Democrats leadership who had come into contact with Mr. Toman on Thursday at the party’s headquarters had tested negative.
Mr. Hamáček said on Twitter that he was self-isolating but continuing to work, including taking part in government negotiations.
New Czech record 11,984 Covid cases registered Tuesday10/21/2020
Some 11,984 new cases of Covid-19 were registered in the Czech Republic on Tuesday, which is a record one-day jump. The total number of active cases in the country now stands at 113,219.
At present 4,065 people are hospitalised with the coronavirus, with 634 of them in a critical condition. To date 1,619 people have died with the virus, with over half of those deaths coming this month.