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MPs around Pellegrini Call for Minimum Wage Growth and 13th Pensions

Defectors from the opposition Smer-SD party, who have formed a group around Peter Pellegrini, (Independent) have called on the current Government not to change the formula for calculating the minimum wage if...
Bratislava, 15.07.2020 more...
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Prague to add CZK 46 million to Covid fund supporting entrepreneurs

Prague City Hall will add another 46 million crowns to a special fund to support entrepreneurs affected by anti-coronavirus measures through interest-free loans, councillors agreed on Monday. Previously,...
Prag, 14.07.2020 more...
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Lower house approves record 500-billion-crown spending gap due to coronavirus

The Czech lower house has approved the highest deficit in public finances ever – a gap of 500 billion crowns. The prime minister argues that money used to sustain jobs and boost investment will get the economy...
Prag, 13.07.2020 more...
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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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