Czech PM: Adoption of the euro is off the table
-
A currently bleak financial situation in Czechia means that the country is far from ready to join the eurozone.
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.
Czech pension system sees record deficit, reform talks are underway
-
The Czech pension system is highly dependent on economic cycles, making it unsustainable in the long run.
Prague Airport flying high with profit of almost CZK 300 million last year
Almost 11 million people used the airport in 2022, twice as many as the previous year.
Tax talk: Czechia faces tough economic choices in 2023
-
Unforeseen crises and long-term issues raise the possibility of sweeping reforms to pensions and taxes.
