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PwC analysis: sales on new cars in Czechia to drop by 22 percent

Sales of new passenger cars in the Czech Republic are likely to drop by 22 percent in 2020, as compared to the previous year, to 195,000 vehicles, suggests an analysis by PricewaterhouseCoopers published on...
Prag, 10.07.2020 more...
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Public Hearing of Candidates for Budgetary Council Chair Due Next Week

A public hearing of candidates for the post of Budgetary Responsibility Council (RRZ) chair will take place in Parliament next Monday (July 6), Finance Minister Eduard Heger (OLaNO) said on Friday. The...
Bratislava, 09.07.2020 more...
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MPs back abolition of real estate acquisition tax

The Chamber of Deputies has approved the abolition of the country’s real estate acquisition tax. However, MPs rejected another government proposal and preserved the possibility of deducting interest paid on...
Prag, 08.07.2020 more...
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Car manufacturers saw record revenues last year, but expect 20 percent production fall in 2020

Car and associated component manufacturers in the Czech Republic saw record revenues of CZK 1,123 trillion last year, a 1.9 percent increase compared to 2018, the Czech Automotive Industry Association...
Prag, 07.07.2020 more...
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Ryanair Resumes Flights from Bratislava Airport After Four Months

Almost four months after the ban on civil flights was issued as a part of measures aimed at halting coronavirus spread, Ryanair, the largest airline operating direct scheduled flights from Bratislava, has...
Bratislava, 06.07.2020 more...
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Debate over food self-sufficiency heats up in Czechia as MPs propose new regulation

This week a proposal put together by some government and opposition members of the lower-house sparked a heated debate. It suggests imposing a new regulation that would oblige food retailers to ensure that 85...
Prag, 03.07.2020 more...
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Russians overwhelmingly back changes to constitution with almost 78% voting for & 21% against

The majority of Russians have endorsed changes to the constitution in a week-long vote. Some 78 percent approved the amendments, while 21 percent were opposed, the Electoral Commission said after all the...
Moscow, 02.07.2020 more...
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US Steel Kosice: Deal with Unions Expires Today, Replacement Elusive

U.S. Steel Kosice has failed to arrive at a deal on a new collective agreement for the next four years with trade unionists and the current contract is set to expire on Tuesday, U.S. Steel Kosice spokesman...
Bratislava, 01.07.2020 more...
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We’re in Situation that Requires Direct Transfers

The issue of debt sustainability in individual EU-member countries is one of the key arguments for opting also for direct transfers apart from loans in the next few years, said Slovakia’s central bank (NBS)...
Bratislava, 30.06.2020 more...
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Coronavirus crisis sparks fresh minimum wage debate

The coronavirus crisis has sparked new debate about the minimum wage. Unions are pushing for a sizable increase but employers and the opposition have come out against this. At present the minimum monthly wage...
Prag, 29.06.2020 more...
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