Business

Consumer prices in the Czech Republic rise by 1.3% in January compared to the previous month

Consumer prices in the Czech Republic rose by 1.3% in January compared to the previous month, mainly due to higher prices for food, non-alcoholic...

Karel Komárek’s Allwyn Entertainment Group Becomes a Partner of the McLaren F1 Team

In its global ambitions, the international lottery provider Allwyn, owned by the third richest Czech, Karel Komárek, continues to focus on Formula 1. Following...

Czech Republic Climbs to 9th Place Among Strongest EU Economies

The Czech Republic has made significant progress in the ranking of European economies and is once again among the ten strongest in the EU....

Czech Courts Overloaded: Hundreds of Thousands of Executions with No Prospect of Success

Czech courts are increasingly confronted with enforcement proceedings concerning small debts or cases that have remained unsuccessful for years. A new regulation has led...

Unemployment in the Czech Republic Rises Slightly to 4.3% in January

As of 31 January 2025, a total of 320,516 jobseekers were registered with the Czech Labour Office—14,038 more than in December 2024. The unemployment...

2024 Sees Decline in Czech Construction and Industry Production

Industrial production in the Czech Republic fell by 1.4% in 2024 compared to the previous year, while the value of incoming orders rose by...

Czech Republic’s New Crypto Law: New Tax Breaks & Banking Rights

The Czech Republic is becoming increasingly appealing to crypto investors. A legislative reform signed by President Petr Pavel introduces significantly more favourable conditions for...

Tourism in the Czech Republic Q4 2024: More Guests, More Overnight Stays

In the fourth quarter of 2024, the total number of overnight stays in hotels and other tourist accommodation in the Czech Republic increased by...

Czech Republic Takes Further Step Towards Autonomous Mobility

The Czech Republic is planning further steps towards autonomous mobility. A working group has prepared legislative changes that will allow the operation of level...

Higher Excise Tax on Alcohol in the Czech Republic, But State Revenues Remain Unchanged

Last year, the Czech Republic recorded lower-than-expected revenues from the excise duty on alcohol, despite a 10 percent increase in the tax rate at...
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