Vacation inflation: Where the weakening crown will cost you more this spring
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The crown has depreciated heavily against major world currencies in the past 12 months – but some destinations will be cheaper than last year.
Inflation dips to lowest level since 2018: What's cheaper in Czechia?
Following a high base in 2023, the government and Czech National Bank have finally managed to quell the nation's soaring inflation.
CNB cuts interest rate, pushing Czech crown to weakest level in almost two years
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Good intentions are behind the reduction in the interest rate, though, as the central bank hopes to stimulate spending and boost mortgages' accessibility.
Less bureaucracy, more foreign talent: Could these reforms save the Czech economy?
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To counter Czechia's faltering economy, the NERV advisory body has revealed 37 recommended changes to the labor market, public administration, and more.
Leader Talks: Orlen Unipetrol CEO Tomasz Wiatrak on the fuel industry's race to a sustainable future
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We talked to a Central European petrochemical and fuel industry leader about the global energy transformation and the future of fossil fuels in Czechia.
OVERVIEW: Which new laws and rules go into effect in Czechia in 2024?
New legislation and measures will affect everything from work to housing and personal finance. Here's what you need to know.
'A year of hope is coming': Czech PM delivers Christmas speech
In an address to the nation, Fiala acknowledged the recent economic difficulties faced by Czechia and promised that the worst is behind the country.
EXPLAINED: How Czechia's state budget works – and why the deficit could affect your finances
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Next year’s budget aims to curb spending and increase revenue by ramping up taxes and ending tax concessions. What does this mean for everyday citizens?
EXPLAINED: What's driving the record-low approval of Czech politics?
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Many accuse the government of not doing enough to tackle the country’s soaring cost of living and criticize the state’s fiscal policies.
EXPLAINED: Czech president signs consolidation package – what’s next?
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The package changes the country’s value-added tax (VAT) system, increases many taxes and cuts a range of subsidies.
New study predicts which jobs in Czechia will be most impacted by AI
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About a third of Czechs believe artificial intelligence will impact their jobs within five years, according to a new Charles University/Ipsos study.
EXPLAINED: What's driving Czechia's economic downturn?
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A mix of factors – from inflation to low household consumption – underpin Czechia’s concerningly deteriorating economy.
EXPLAINER: Why talks on Czech austerity have been dragging on for months
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Politicians have been grappling with the controversial bill for months. But what exactly does it entail, and how did we get here?
ASK AN EXPERT: What information must be included in a Czech work contract?
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Land a new job? We spoke with a labor law expert on what signing a labor contract should and shouldn't entail.
Czechia ranks in the world's top 20 'freest' economies: Why does it matter?
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The country jumped five places from the previous year's ranking thanks to strides in free trade and limited government intervention.
