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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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Sweden
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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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Sweden
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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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Sweden
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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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Sweden
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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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Sweden
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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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Sweden
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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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Sweden
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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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Sweden
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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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Sweden
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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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Sweden
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