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Czech Elections 2025
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Czech businesses have demonstrated one of the best payment practices in Europe, according to a recent study by Dun & Bradstreet and the Cribis system. An impressive 61.8% of Czech companies settle the...
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Property prices continue to soar to dizzying heights, making mortgage loans accessible to only a select few. Homebuyers typically need to have at least 20% of the purchase price saved and sufficient i...
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In a concerning economic trend, the Czech Republic’s unemployment rate shows only a modest decline to 4.2% in May, with 316,060 people still seeking employment. While this represents a slight decrease...
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The Czech energy landscape is poised for a significant transformation as ČEZ, the country’s leading energy company, advances its plans for small modular nuclear reactors. The company has initiated env...
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The dream of homeownership continues to slip away from Czech citizens as property prices surge once again. According to recent Eurostat data, Czech real estate prices have become among the fastest-gro...
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The Czech Republic’s average wage has reached a new milestone, climbing to 49,229 CZK in the fourth quarter of last year. This represents a year-over-year increase of 7.2 percent, or 3,322 CZK, accord...
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In a remarkable economic turnaround, the Czech Republic has reclaimed its position among the European Union’s top ten healthiest economies. According to the Prosperity Index by Česká spořitelna and Eu...
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The Czech economy demonstrated resilience last year with a 1% growth, according to preliminary estimates from the Czech Statistical Office (ČSÚ). The fourth quarter proved particularly promising, with...
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In a notable shift from previous years’ trends, Czech Republic’s energy consumption has finally stabilized. Weather-adjusted gas consumption actually increased by 1.5%, while electricity usage saw a m...
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The Czech automotive market showed strong performance in 2024, with total new car sales reaching 231,600 units, marking a 4.6% increase from the previous year. According to the Car Importers Associati...
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Spring frosts have significantly impacted this year’s grape harvest in the Czech Republic, though the final numbers proved less dire than initial forecasts. While the Wine Growers Association initiall...