This morning's top story
This morning's news centering around nationalization and referendum stories may feel like a distant concern, but this morning we look at what they could mean in the future. In travel news, the Czech Foreign Ministry has released an explainer on the different cultures and laws in the countries hosting the FIFA World Cup (US, Canada and Mexico). And if, like me, you’re a devoted reader of Bohumil Hrabal’s short stories, today’s Pick & Mix could feel like a scene straight out of Kersko. It’s only Tuesday. Here’s your news.
ČEZ shareholders approve nationalization step
ČEZ shareholders approved splitting the energy giant's distribution, sales, and services divisions into a new subsidiary, with over 90 percent of votes in favor. The state, which holds roughly 70 percent of ČEZ shares, backs the restructuring as a stepping stone to full nationalization by 2029. The new company (working name: DSZS) should be established within weeks, with key subsidiaries absorbed by Q1 2027. A minority stake sale could raise around CZK 200 billion to fund a shareholder buyout.
So what? Today's vote is the first concrete legal step in a process that until now has been mostly political talk. For ordinary consumers there's no immediate change to bills, contracts, or service. The longer game: full state control of Czech energy infrastructure by 2029, during a period of massive investment in nuclear and renewables.
More top headlines
Czech jobless rate third lowest in EU
Czech unemployment edged down to 3.1 percent in April, according to Eurostat, the third lowest rate in the EU, trailing only Bulgaria (2.8 percent) and Poland (3 percent). EU-wide unemployment held steady at 6 percent, while Finland topped the table at 10.6 percent. Youth unemployment in Czechia remained at 9.9 percent, the lowest among Visegrad Group countries.
Good to know: Eurostat uses a different methodology than the Czech Labour Office, which puts domestic unemployment at 4.9 percent for the same period. The divergence reflects the EU standard ILO definition versus registered job-seekers.
Coalition sets 35 percent bar for referendums
The ANO-SPD-Motorists coalition agreed that binding referendums will require at least 35 percent of eligible voters to approve a measure, a compromise figure after SPD pushed for a lower threshold. The constitutional bill now heads into the legislative process. Passing it will require 120 votes in the lower house; the coalition currently holds 108.
What's a referendum? A referendum let's citizens vote yes or no directly on a specific political question instead of having politicians decide it in parliament. Babiš has floated euthanasia and children's social media access as potential referendum topics. The government has already signaled that EU and NATO membership won't be referendum-eligible.
Hit-and-run in central Prague disrupts trams
A driver crashed into three parked vehicles on Jugoslávská Street near Náměstí Míru late Sunday evening and fled the scene. No injuries were reported, but the collision disrupted six tram lines before traffic was restored. Police are still searching for the driver. The incident briefly caused confusion when initial reports suggested a tram was also involved police later confirmed it was not.
Where did it happen? Jugoslávská is a busy artery between Náměstí Míru and IP Pavlova.
News you can use
Heading to the World Cup? Czechia's got advice
The Foreign Ministry, Football Association, and Sports Minister Boris Šťastný will release practical guidance for Czech fans traveling to the FIFA World Cup in the US, Canada, and Mexico (June 11–July 19). Expect safety and health recommendations, consular contacts, and stadium entry rules. The Czech team, appearing at a World Cup for the first time in 20 years, opens against South Korea on June 11 in Guadalajara.
What's available now: Basic information is already live on the Foreign Ministry website, including entry requirements and cultural advisories for each host country. The warm-up match against Guatemala in New Jersey is June 4.
Pick & Mix
- A Czech photographer has captured a rare image of “red sprites” above a storm system near Germany. The phenomenon, also known as “red elves,” occurs high above thunderclouds and lasts only milliseconds, making it extremely difficult to photograph. The image was taken from the České Budějovice region on May 29, showing lightning activity nearly 500 kilometres away.
- A wild boar ran through the streets of Frýdek-Místek for around three hours on Monday morning, prompting a response from police, firefighters and city officers. The animal moved through streets and commercial areas before being shot by a hunter at around 8 a.m. No injuries to people or property were reported.
- A red poppy bloom is currently coloring large parts of the Haná region, creating vivid red fields across the landscape. The Czech Republic is one of the world’s leading producers of poppy seeds.





