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.
News in brief for June 9: Prague 1 submits plan to charge toll fee for areas near Vltava
The top headlines for the Czech Republic on Friday, June 8, 2023, updated throughout the day to keep you up to speed.
Czech retail sales fall for 12th consecutive month as spending declines
A sharp fall in real wages, still-high inflation, and reduced disposable income have all curtailed Czechs' spending power.
Czech National Bank removes major obstacle in acquiring a mortgage
The move follows in the footsteps of a devastating year for the Czech real estate market due to plummeting sales.
Price of Czech annual highway stamps rises to CZK 2,300 next year
The 50-percent increase is necessary for the maintenance and expansion of Czechia's highways, Czechia's transport minister said.
Prague hosts Europe's largest-ever Bitcoin conference this week
Starting Thursday, the event features over 100 speakers and more than 80 worldwide companies to discuss the world's first cryptocurrency.
Average Czech wage takes a hit with 6.7 percent real-term decline
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Prices again rose faster than wages, meaning that people have effectively seen a drop in their purchasing power.
Czech news in brief for June 1: Cold front moving in for weekend, forest-fire alert remains active
The top headlines for the Czech Republic on Thursday, June 1, 2023, updated throughout the day to keep you up to speed.
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Czech economy faces first-quarter decline as household consumption slows
The Czech economy is in a technical recession due to lower household spending, although analysts say improvement is on the horizon.
Czech cigarette excise tax should be higher, expert says
Speaking ahead of World No Tobacco Day, Hana Ross criticized tobacco's widespread availability and insufficient taxation.
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.
Bleeding injustice: Period products remain in the highest tax category in Czechia
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May 28 is Menstrual Hygiene Day around the world. In Czechia, the 'tampon tax' is still among the highest in Europe, despite the recent tax reform.
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.
Bohemia on a budget: Take a day trip to Liberec for less than CZK 800
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Discover the city on a budget that covers travel, entrance to a city attraction, lunch and a cup of coffee.
Lidl can't 'bear' Haribo price hike, leaving Czech market in short supply
The Czech discount retailer and German candy maker find themselves in a sticky situation over prices.
Czech television fees could soon extend to mobile phones and tablets
The state television and radio broadcasters want to introduce annual fees to improve finances and fight against inflationary effects.
