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Expert on why Czechia’s electricity prices

Data released by Eurostat on Monday show that Czechia saw the sharpest year-on-year rise in electricity prices out of all EU member states in the first half of 2022 (+62%). The average cost of electricity for...
Prag, 02.11.2022 more...
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Czech windfall tax to generate huge funds

Czech MPs debated a windfall tax on profits in the energy and banking sectors in the lower house on Tuesday. The government plans to generate tens of billions from the tax from next year, not retroactively for...
Prag, 01.11.2022 more...
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Companies to See Caps on Energy Prices in First Quarter of 2023

Companies in Slovakia will see a cap placed on the power component of energy prices from January 1 to March 31 next year, namely at €199 per megawatt hour (MWh) for electricity and €99 per MWh for gas, stated...
Bratislava, 31.10.2022 more...
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People are afraid of the future

Saturday saw tens of thousands of people demonstrating on Prague’s Wenceslas Square against what they see as government mishandling of the energy crisis. Among the attendees were also members of hard left and...
Prag, 28.10.2022 more...
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Budget deficit of CZK 295 billion for 2023

The Czech lower house on Wednesday approved the government’s draft budget for 2023, sending it for debates in the house committees.
Prag, 27.10.2022 more...
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Ministers from close to 50 states debating migration issues in Prague

Ministers from the Schengen zone, the eastern Partnership region, the Western Balkans, Central Asia and Turkey are taking part in a two-day conference on migration in Prague. On Monday, they adopted a joint...
Prag, 26.10.2022 more...
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Czech inflation finally slows but still far from culmination point

Czech year-on-year inflation slowed in August, from 17.5 percent in July to 17.2 percent. This followed 13 months of continuous rises. Obviously inflation is still very high, but does this mean the Czech...
Prag, 25.10.2022 more...
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Slovakia’s Gas Consumption Drops by 24%

Data collected by the SPP, the Slovak gas distribution network operator, indicate a pronounced drop in the real consumption of gas in Slovakia in the August-September period in comparison to the five-year...
Bratislava, 24.10.2022 more...
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Slovakia Sending 40 Police Officers to Hungarian-Serbian Border

Slovakia is sending 40 police officers to the Hungarian-Serbian border to help their Hungarian counterparts reduce the pressure of illegal migration, said Interior Minister Roman Mikulec (OLaNO) on Thursday,...
Bratislava, 21.10.2022 more...
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Ministry Prepared Call for Price Compensation for Energy-intensive Companies

The Economy Ministry announced on Tuesday that it’s prepared a call for eligible energy-intensive companies to apply for compensation for system operation fees (TPS). The companies should receive the...
Bratislava, 20.10.2022 more...
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