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Tripartite agrees on aid for energy

The Social and Economic Council has agreed on aid for energy-intensive businesses in light of increased energy prices. Prime Minister Eduard Heger and several other representatives of the tripartite reported...
Bratislava, 09.11.2022 more...
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Biden’s new law

nflation Reduction Act: It’s no secret, the amount of money US is minting from the gas crisis in Europe by selling its LNG at sky-high spot prices. Additionally, America creates, imposes, and enforces...
Brussels, 08.11.2022 more...
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Referendum regarding early election in January

The referendum on the introduction of new options to call for an early election will be held on January 21, 2023, President Zuzana Caputova announced on Thursday. The referendum will contain a single question...
Bratislava, 07.11.2022 more...
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Czechia plans to close embassy in Mali and consulate general in Chengdu

Czechia plans to close its embassy in Mali and its consulate general in China’s Chengdu, the Foreign Ministry’s state secretary Radek Rubeš said at a meeting of the parliamentary foreign affairs committee on...
Prag, 04.11.2022 more...
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Czechia to close its embassy in Kabul

From January 1, 2023, Czechia will close its Embassy in Kabul, Afghanistan. The Czech News Agency reported on Wednesday stating that the decision was made by Foreign Minister Jan Lipavský. According to the...
Prag, 03.11.2022 more...
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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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