How to defeat inflation by unlocking lucrative investment opportunities in Czechia
Amid a plethora of financial services providers on the Czech market, one investment bank stands out for its innovative approach and proven profitability.
More Russian attacks on Czech banks: Hackers call for end of support to Ukraine
Among the affected institutions were Komerční banka, ČSOB, Air Bank, Fio banka, Raiffeisen, Moneta Money Bank, and the Prague Stock Exchange.
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.
Czechs' unpaid debt rises at fastest rate in last 10 years
Cumulatively, Czechs owed CZK 29.2 billion between January and June this year.
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.
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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 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.
QR code payments gaining traction among tech-savvy young Czechs
Paying by mobile phone and using a fingerprint are also popular, and interest in multi-currency accounts is growing.
Czech politicians push for more flexibility for parental allowance
There is a consensus across the political spectrum that parental allowance should increase.
Tax freedom day revealed for Czechia: When will you stop working for the state?
Czechs worked the longest for the state in the pandemic years, and that amount of time is now slowly falling.
Higher alcohol taxes, a change to VAT, and ending 22 tax exemptions: Czechia presents huge finance reform
Czech Prime Minister Petr Fiala says that Czechia has little choice but to impose the austerity measures to curb skyrocketing public debt.
Česká spořitelna completes takeover of Russia-owned Sberbank Czech clients
The Czech bank has now acquired Sberbank's Czech-based customers, who have not been able to make payments for over 12 months.
Deadline for filing electronic taxes in Czechia quickly approaching
The deadline for the electronic submission of annual tax returns in Czechia is May 2, and it applies to self-employed people.
Czech tycoon buys mining rights to over 2 billion tons of US coal
Pavel Tykač's Sev.en Global Investments firm already operates in three different continents and also has plans to invest in green energy.
Thousands take to Prague streets to protest against pension changes
Czechia's largest trade union convened the protest, which was attended by Former Prime Minister Andrej Babiš and supporters of the Communist Party.
No cause for panic, yet – Czech banks safe from European banking troubles
Strong liquidity and capitalization, combined with support from the Czech National Bank, safeguard banks against currently shaky European markets.
Czech news for March 14: Police deny escalating protest violence, no banks operate on SVB model
Top headlines for the Czech Republic for Tuesday, March 14, 2023, updated daily to keep you up to speed.
