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New income tax system will leave lowest paid no better off

In a major change to the Czech Republic’s income tax system, what’s known as the super gross wage is being abolished, with most employees set to pay a 15 percent rate from next year. However, the change will...
Prag, 22.09.2020 more...
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First draft of 2021 budget envisages deficit of CZK 116 billion

In a first draft of the state budget for 2021, the minister of finance, Alena Schillerová, plans a deficit of CZK 116 billion. However, the deficit is likely to increase greatly before MPs actually approve...
Prag, 21.09.2020 more...
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Czech billionaire’s holding to sell Prague heating plant operator to Veolia

Mr Křetínský acquired a 25 percent stake in Pražská teplárenská in 2017, with the shares being valued at the time at around CZK 3.1 billion. The company supplies heating to more than 230,000 households and...
Prag, 18.09.2020 more...
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Czech inflation this year may be highest since 2008

Inflation in the Czech Republic remains high and the rate for 2020 may well be the highest recorded since 2008. Analysts contacted by the Czech News Agency said inflation could be above 3 percent this year...
Prag, 17.09.2020 more...
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FinMin Launches Public Contest for Financial Administration Chief

The Finance Ministry is launching a public contest for the post of the Financial Administration (the tax and customs office) president, Finance Minister Eduard Heger (OLaNO) announced at a news conference on...
Bratislava, 16.09.2020 more...
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Slovakia will monitor risky foreign direct investment

Investments with a potential impact on food security, access to sensitive information, including personal data, or the ability to control them, or on media freedom and pluralism, will also be...
Bratislava, 15.09.2020 more...
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Slovakia Saw Trade-Balance Surplus of €332.7 mn in July

Slovakia posted a trade-balance surplus of €332.7 million in July 2020, according to preliminary data published by the Statistics Office on Tuesday. Although the surplus in July was lower than the one...
Bratislava, 14.09.2020 more...
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Slovakia Saw Trade-Balance Surplus of €332.7 mn in July

Slovakia posted a trade-balance surplus of €332.7 million in July 2020, according to preliminary data published by the Statistics Office on Tuesday. Although the surplus in July was lower than the one...
Bratislava, 11.09.2020 more...
Foto : Ilustration
Hungarian Foreign Minister’s Visit to Dhaka

Mr. Péter Szijjártó, Minister of Foreign Affairs and Trade of Hungary, is expected to pay an official visit to Bangladesh on 10 September 2020. He is scheduled to arrive early in the morning on the same day....
Dháka, 10.09.2020 more...
Foto : Ilustration
Dublin has the sea, but in Bratislava I have the forest on my doorstep

Upon arrival to her post in Bratislava – back in 2006 – one of the first things Hilda Ó Riain learnt was how to pronounce zmrzlina, ice-cream in the Slovak language.“I came in the summer, and I urgently needed...
Bratislava, 08.09.2020 more...
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