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One third of Czech households experience drop in income due to Covid-19 22.06.2020 One third of Czech households experience drop in income due to Covid-19 In the Czech Republic, the coronavirus crisis had a negative impact to mainly unemployed or self-employed people with no employees, as well as to lower-level office workers and workers in services and trade
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Czech Republic is ranked 33rd in World Competitiveness Ranking, highest among V4 22.06.2020 Czech Republic is ranked 33rd in World Competitiveness Ranking, highest among V4 According to Swiss research group IMD’s World Competitiveness Ranking, Czech Republic is the 33rd most competitive country in the world. Sweden takes the 7th place, while another Scandinavian country, Denmark, is the 2nd in the world.
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Average new Prague flat costs 14.2 years’ salary 22.06.2020 Average new Prague flat costs 14.2 years’ salary Buying real estate in the capitak city of Prague is expensive, but, despite the economy drop, prices will not fall down this year; developers say.
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Consumer prices in the Czech Republic are now comparable to Belgium 22.06.2020 Consumer prices in the Czech Republic are now comparable to Belgium Prices of consuming goods dramatically rise in the Czech Republic, produers and suppliers used the situation of the coronavirus.
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Relief programmes under scrutiny as Czechs worry about COVID-19 economic fallout 28.04.2020 Relief programmes under scrutiny as Czechs worry about COVID-19 economic fallout A new survey suggests that close to a half of Czechs fear economic fallout from the coronavirus pandemic. Official unemployment numbers remain relatively low, but may in fact be considerably higher. And while the government has implemented relief programmes, their practical effect has come under...
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Czech car industry faces shaky relaunch as Skoda returns to work 28.04.2020 Czech car industry faces shaky relaunch as Skoda returns to work The Czech Republic’s biggest exporter, Skoda Auto, restarted production on Monday, April 27th, but the auto sector faces a shaky relaunch with the coronavirus outbreak hammering demand for cars.
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Czech government takes step towards building new nuclear plant 28.04.2020 Czech government takes step towards building new nuclear plant On Monday, April 27, the Czech government approved agreements with majority state-owned electricity producer CEZ setting out the framework for building a new nuclear power block to come online in 2036, state and company officials said.
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CZECH ECONOMIC GROWTH IN 2020 UNLIKELY TO EXCEED TWO PERCENT 17.03.2020 CZECH ECONOMIC GROWTH IN 2020 UNLIKELY TO EXCEED TWO PERCENT Analysts in the Czech Republic predict that the economy growth could easily fall below two percent.
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CZECH RETAILERS SEE RISE IN SALES OF NON-PERISHABLE FOODS OVER VIRUS FEARS 17.03.2020 CZECH RETAILERS SEE RISE IN SALES OF NON-PERISHABLE FOODS OVER VIRUS FEARS Domestic supermarket chains and internet food retailers say they have registered a spike in interest in non-perishable foodstuffs on the back of fears that the Covid-19 virus.
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CZECH INCOME POVERTY RATES SECOND LOWEST IN EU, EUROSTAT DATA SHOWS 17.03.2020 CZECH INCOME POVERTY RATES SECOND LOWEST IN EU, EUROSTAT DATA SHOWS The latest Eurostat data show that income poverty rates in the Czech Republic are the second lowest in the European Union, with 3.4 percent of working people in the country threatened by poverty compared to the EU average where the rate lies at around one in ten.
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