Prague beer prices bubble up in 2023, with further increases expected
A change in the VAT rate for beer means that you will likely need to pay more for it next year.
Losing value: Difficult times may be ahead for the Czech crown
The Czech crown weakened in recent months amid a deceleration in inflation and an end to central bank foreign-exchange interventions.
Excessive bureaucracy is costing Czechia: A new plan to cut red tape could help
The Chamber of Commerce has put forward a plan detailing how to reduce the country's administrative burden and save billions of crowns.
Changes to austerity package increase tax on alcohol and lower it on e-cigarettes
The adjustments mean that tax advantages of employee benefits stay in place, and that newspapers and magazines will have a lower VAT rate.
Czechia is the second-least affordable country in Europe to purchase property
According to consulting firm Deloitte, you need 14 gross annual Czech salaries to buy real estate in the Czech capital.
Czech authorities mull taxing foreign companies operating in Czechia
Under the proposed bill, the state would collect between CZK 4 billion and 6 billion per year by taxing foreign-headquartered firms working in Czechia.
Falling food prices push Czechia's inflation below 9 percent: Which products are cheaper?
Cheaper production costs and an abnormally high baseline from last summer mean that some foods have decreased in cost.
Czech tech, media, and telecoms sectors most attractive to investors
Though M&As are currently in decline, a stabler macroeconomic environment and a new tax on company sales in 2024 may cause an uptick in investor activity.
Glitch fixed: Banking identity now available to foreigners in Czechia
A systemic flaw meant that EU residents were unable to obtain a Bank iD, whereas non-EU citizens could do so.
Bun-believable: Fast-food prices rise sharply in Czechia
Amid high inflation and rising operational costs, Czechia's three major fast-food chains recently increased prices.
American Express canceling most of its remaining services in Czechia
The charge card company, mainly used by business travelers, is scaling back its international operations.
Czech lower house passes law tightening conditions for early retirement, slowing pension growth
The proposed changes will now be read in the Senate before being signed by the president.
News in brief for July 25: Top headlines for Czechia on Tuesday
An update on Czech tourists' evacuation from Greece, Czechia hit by supercell storm, and more top headlines for Tuesday, July 25, 2023.
Czechia ranks 10th in labor productivity growth among OECD countries
Capital investment and better national infrastructure have spurred Czechia's boost in labor productivity in the last decades.
News in brief for July 20: Top headlines for Czechia on Thursday
Czechia dramatically reduces reliance on Russian gas, Kundera cremated in Paris, and more top stories for July 20, 2023.
Czech government looks to foreign workers to fill 200,000 job vacancies
Czech authorities in prominent positions highlighted the importance of foreign workers in enhancing the nation's infrastructure.
One in five Czech construction and industry companies plan to dismiss workers
A recent survey found that a similar number of non-profit companies also plan to carry out layoffs in the fall.
