Living standards in the Czech Republic now better than in Spain or Portugal
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The purchasing power parity of the Czech Republic has hit new heights, surpassing a number of western EU countries.
Plummet in Czech unemployment leaves businesses struggling to find workers
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The Czech labor market might be showing the first signs of recovery, but employers are still faced with a serious lack of workers.
Monthly minimum wage to rise by CZK 1,000 next year
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The outgoing Czech cabinet has confirmed a rise in the legal minimum wage starting in January 2022.
Czech mortgage rates set to soar after historic interest rate hike
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The Czech National Bank has delivered another shock with an interest rate hike of 1.25 percent, the biggest in 24 years.
Pandemic resurgence threatens first shoots of economic recovery
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New data from the Czech Statistical Office shows the economy strengthened in Q3 this year.
Czech your cybersecurity: One in eight employees watch porn at the office
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A new survey has shown that a significant proportion of Czech employees are in the habit of watching adult content on their work devices.
Czech Republic shoots for the future with investments in innovation
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Expenditures on research and development in the Czech Republic hit record levels last year.
Rising costs for public transport could hit commuters’ wallets hard
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Rising energy prices leave transport companies with no pain-free options and the general public are likely to bear the brunt.
As Prague faces billions in tourism losses, industry leaders warn of economic fallout
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With government compensation programs coming to an end this summer, the Czech Tourism Union says an economic crisis is looming.
Czech chocolate, sweets, and snacks to see significant price hike
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Inflation, rising wages and the increasing cost of raw materials are set to dramatically impact the cost of living particularly at the grocery store.
Every third employee in the Czech gaming industry is from abroad
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With 182 games currently in development in the Czech Republic, companies are seeking out local talent due to higher-than-predicted growth.
Czech PM Babiš: 'The audit report did not include all of my income'
The Czech prime minister continues to deny the money-laundering accusations connected with the Pandora Papers.
Interest rates for mortgages rise after controversial National Bank move
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After the Czech National Bank raised base interest rates by more than expected, interest rates are increasing for mortgage loans.
Czech National Bank shocks economists with biggest interest rate hike since 1997
The base rate increased by 0.75 percent to 1.5 percent, due to rising inflation which is outstripping the Central Bank’s expectations.
Czech morning news in brief: Top headlines for October 1, 2021
Czech economy grows in Q2, NGO registered 13,600 domestic violence incidents in 2020, Lobkowicz noble family plans NFT auction to raise funds.
Empowering women in the workplace can fuel the Czech economy, says study
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A sweeping new study of the CEE region highlights the economic potential of empowering women in the workplace.
FT: Czech economy is a 'forgotten success story' but inflation is a threat
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While international analysts praise the Czech Republic’s long-term growth, the country’s National Bank warns of post-pandemic inflationary pressures.
