Czech morning news roundup: Friday, October 29, 2021
Presidential awards announced, gas prices skyrocket, and a Czech billionaire could buy an English football club.
Czech morning news in brief: Top headlines for October 21, 2021
Huge Prague fire causes millions in damage, questions swirl around Babiš criminal case, outgoing Chamber of Deputies dissolves today.
Rising costs for public transport could hit commuters’ wallets hard
Rising energy prices leave transport companies with no pain-free options and the general public are likely to bear the brunt.
Czech government will waive VAT for gas and electric amid energy crisis
The step should see households save a significant for November and December as prices spike dramatically.
Czech chocolate, sweets, and snacks to see significant price hike
Inflation, rising wages and the increasing cost of raw materials are set to dramatically impact the cost of living particularly at the grocery store.
Interest rates for mortgages rise after controversial National Bank move
After the Czech National Bank raised base interest rates by more than expected, interest rates are increasing for mortgage loans.
Pandora Papers investigation reveal Czech PM's suspicious financial dealings
The Czech Prime Minister sent CZK 400 million through a convoluted system of offshore companies when buying luxury French properties.
Inside IKEA's English-friendly digital transformation and game-changing new offerings
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Big customer-friendly changes are coming to IKEA to bridge the gap between at-home and in-store shopping.
Save or invest? How to grow your money while working and living in the Czech Republic
The experts at Saxo Bank offer smart strategies for expats looking to build a retirement fund or start their investment journey.
Czech National Bank shocks economists with biggest interest rate hike since 1997
The base rate increased by 0.75 percent to 1.5 percent, due to rising inflation which is outstripping the Central Bank’s expectations.
Czech morning news in brief: Top headlines for September 29, 2021
Czech govt. approves January pension increase, Orbán visits the Czech Republic, prominent Czechs awarded on Day of Czech Statehood.
Czech morning news in brief: Top headlines for September 28, 2021
2022 budget approved by cabinet, progress made in Turów mine talks, Czech Post employees plan three-day strike.
Czech police to help secure Schengen border in Hungary from October
Fifty Czech police officers will be deployed to Hungary to police the Hungarian-Serbian borders as of October 15.
Top 20 richest Czechs and Slovaks: A woman leads the ranking for the first time this year
The late PPF owner Petr Kellner's widow is now the nation’s richest person as administrator of the huge financial group.
Czechs pioneered contactless payment – so why do some businesses still demand cash?
The pandemic has accelerated a shift towards contactless payment methods, here's why some Czech businesses stick to cash.
Czech morning news in brief: Top headlines for September 23, 2021
Russia asked for legal help on Vrbětice affair, fuel prices continue to rise, Okamura makes referendum bill condition for coalition negotiations.
FT: Czech economy is a 'forgotten success story' but inflation is a threat
While international analysts praise the Czech Republic’s long-term growth, the country’s National Bank warns of post-pandemic inflationary pressures.
