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.
Sixty percent of Czech employers plan to raise wages next year
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Amid decelerating inflation, this should mark the first increase in real wages since the middle of 2021.
PM Fiala bets on US chip center to restart Czech economy
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Following a visit to Rožnov pod Radhoštěm today, Prime Minister Petr Fiala said Czechia has significant chances to become a European chip center.
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?
Housing unavailability and student demand drive up rent prices across Czechia
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Compared to spring, rent prices across saw changes ranging from a 4-percent decrease to a 17-percent increase, depending on apartment type.
Leader Talks: ABSL's Joe Appleton on how business services are powering the Czech economy
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ABSL’s conference this November in Brno will celebrate the organization’s tenth birthday and highlight the sector’s contribution to Czech economic success.
Heating season officially starts in Prague today
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Despite summer temps predicted for later this week, heating season has kicked in. Here's all you need to know about how the Czech capital keeps cozy.
Three major Czech breweries announce price hops: Pub goers will feel it from next year
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Due to an increase in production prices, beer lovers can expect to pay more for a pint.
Pernod Ricard considering sale of iconic Czech spirit Becherovka
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The French spirits maker is looking to streamline its portfolio, Bloomberg reported on Thursday.
Czech drivers queue for cheap fuel at pumps near the Polish border
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While gasoline prices have traditionally been lower in Poland than in the Czech Republic, the current gap has widened significantly.
Energy prices set to rise after state cancels subsidies: How much more will you pay?
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As part of the 2024 budget, the state has decided to remove the previously set price ceiling on electricity and gas, as well as remove other allowances.
How likely is Czechia to adopt a four-day work week?
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More people are calling for a shorter working week in Czechia, with countries like Germany already trialing it. Will it be adopted on a wide scale soon?
iPhone Index: Czechs have to work nearly three weeks to buy newest model
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Without spending on anything else, the average Czech needs two-and-half weeks of net wages to buy Apple's new iPhone 15 Pro.
Czechia's vast lithium deposits could recharge the economy, says PM
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Prime Minister Petr Fiala deemed the metal essential for the economic restart of Czechia, which holds the largest lithium deposits in Europe.
Essential tips for American and British expats in need of a financial advisor in Czechia
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According to Aisa International, it’s vital to ensure that your financial advice comes from a regulated and reputable source.
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.
What's getting cheaper in Czechia? Falling inflation pushes prices down for consumers
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Energy prices and agricultural costs have all declined in recent months, helped by shrinking headline inflation.
