Mortgage rates in Czechia now among the highest in the past 20 years
Due to the high rates and other factors, the volume of mortgages granted is significantly lower than last year.
Euro weekly reveals its annual list of the richest Czechs and Slovaks
An heiress, a politician, and multiple media moguls dominate a new list of Czechia and Slovakia's wealthiest citizens.
The average Czech consumer will have to work 22 days to buy the new iPhone 14
The iPhone Index 2022, a comparison of purchasing power across different countries, highlights how expensive the iPhone really is for global consumers.
'Vienna prices with Czech salaries': Expats share how they're handling inflation woes
The majority of Expats.cz readers polled said they are 'very concerned' about the rising cost of living. Here's how they are coping with the price crunch.
The Czech Republic now has Europe's most expensive electricity
The country edges the United Kingdom in the July 2022 Household Energy Prices Index in the price of electricity expressed through purchasing power parity.
Czech families to receive CZK 5,000 benefit per child next week
The one-off benefit will be paid by the Czech government to low- and middle-income families from Aug. 24.
Tell us: How has inflation affected your financial health in Czechia?
While Czechia's inflation rate reached 17.5 percent in July, a sharp increase in prices has been marked by a drop in household consumption.
Moody's downgrades Czech economic outlook from stable to negative
The investor service has affirmed the country's current credit rating while highlighting dependence on Russian oil as a key factor in the negative outlook.
Czech lower house passes amendment on definition of real owners
The current law is not in line with EU rules on money laundering, and without a change the country could lose EU funds.
Have you ever considered giving up your American citizenship?
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The need to file taxes in both the U.S. and their adopted country is the main reason that expats give for considering ditching their U.S. passports.
Benicio Del Toro and Geoffrey Rush headed to Karlovy Vary International Film Festival
Plus: Storm cuts power and downs trees, STAN to return gift from businessman, over half of new cases are Omicron subvariants.
One ATM for everyone? Czech banks could soon start working together
Clients could withdraw from any ATM without paying extra fees, while the reduction in ATMs would benefit the environment.
Is now the time to invest in cryptocurrencies in Czechia?
Cryptocurrencies can bring higher gains than most conventional investments, but aren't without risks.
Czech banks will soon support money transfer via a mobile number
It's hoped the system, set to launch in pilot phase this summer, will cut back errors and make peer-to-peer transfers faster and easier.
Who qualifies and when to expect payment? More details on Czechia's inflation subsidy
Families of children under 18 should be eligible for a one-off benefit of CZK 5,000 to help cope with higher costs of living.
Czech daily news roundup: Friday, April 29, 2022
Charles University hit by Russian disinformation, Czech soprano wins prestigious BBC music award, and Fiala visits Warsaw for urgent talks.
Families in Czechia to receive a one-time payment of CZK 5,000
The one-off benefit is intended to help families cope with inflation; parents will receive payment for each child in the household.
