Survey: Half of Czechs prefer to use cash while traveling abroad
According to a recent survey, the majority of Czechs prefer to exchange Czech crowns for foreign currency before going on vacation.
Living costs remain high in Czechia, despite inflation slowdown
New data reveals that prices for some food staples, electricity, and package vacations in particular are higher than they were last year.
Czech Labor Ministry: By 2030 over 90 percent of jobs will require digital skills
The nature of the workplace is changing and the government plans to invest in adult education to help people adapt.
Czech industrial production shifts into high gear as auto industry drives economy
Supply chain issues that previously hindered production have been resolved, leading to a decrease in energy costs.
Study: Czech Republic positioned as fintech leader with promising growth prospects
According to a report from the Boston Consulting Group, the financial technology sector is poised for substantial growth by 2030.
Rohlik founder launches investment group for companies that reject status quo
TCF Capital will operate internationally and focus on firms in e-commerce, FMCG, and logistics.
Why investing in startups could be the key to success during an economic downturn
When potentially profitable projects arise, it is better to approach them when the market cools down, describes Petr Šíma, partner at DEPO Ventures.
Czech National Bank maintains interest rate at 7 percent
Analysts expect the central bank to marginally reduce the rate until the end of 2023 due to lower inflation.
Czechia is experiencing a surge in skilled foreign workforce
A relative rise in wages paired with the opening of many multinational branches and new businesses beckons foreigners.
Czech government to ask European Commission for CZK 137 billion loan
Part of the country's National Recovery Plan, the loan and other EU grants aim to bolster Czechia's economy.
Czech salaries are growing, but still lag far behind Germany and Austria
The Czech Republic leads the Visegrád Group in average wages, according to a new study by Mazars, but trails its neighbors to the west.
Czech retail sales fall for 12th consecutive month as spending declines
A sharp fall in real wages, still-high inflation, and reduced disposable income have all curtailed Czechs' spending power.
Czech National Bank removes major obstacle in acquiring a mortgage
The move follows in the footsteps of a devastating year for the Czech real estate market due to plummeting sales.
For Mercedes-Benz, luxury and sustainability go hand in hand
The German inventor of the automobile and pioneer is focused on crafting a sustainable offer defined by a luxury driving experience.
Average Czech wage takes a hit with 6.7 percent real-term decline
Prices again rose faster than wages, meaning that people have effectively seen a drop in their purchasing power.
US firm acquires majority stake in Czech optics company for EUR 700 million
The US-based Carlyle Group has made previous acquisitions in Czechia as it looks to expand its portfolio.
Czechia helped pave the way for upcoming EU negotiations on AI regulation
The position adopted under the Czech EU presidency laid the groundwork for upcoming discussions over innovation and privacy.
