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Illegal employment brokered via 'underground agencies' rising

The Czech economy is booming – and so is the informal, grey economy, with an estimated quarter of a million people working illegally, as employers turn to so-called “underground agencies” to procure employees.

 
 
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Emperor Franz Josef still calling the…

Czechs start work bright and early, more so than most other nations in Europe. According to a Microsoft survey just out…

 
 
Business
 
 

Government agrees next year’s budget

The 2019 draft budget is to focus on investment, increase of public sector salaries and the raising of pensioners…

 
 
Business
 
 

Bureaucracy to blame for rise in Prague…

Czech economic research institute CETA (Centrum ekonomických a tržních analýz) published a study focused on the…

 
 
Business
 
 

Czech app matches repairmen with…

Opravárna is a new Czech app, which matches handymen to repair requests sent from across the country. The app has been…

 
 
Business
 
 

Czech National Bank holds…

The Czech National Bank (ČNB) said on Friday it had maintained its extra countercyclical capital buffer for banks at 1…

 
 
Business
 
 

Online grocer Rohlik pledges to cut…

Czech online grocer Rohlik.cz has made a pledge to get rid of all single-use plastics by the end of the year. The shop…

 
 
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Rusnok: Interest rates could go up…

The Czech National Bank could raise its interest rates twice by the end of the year, said the bank’s governor, Jiří…

 
 
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Price of beer to go up

Czechs will soon have to fork out more for the nation’s most popular alcoholic beverage. Large breweries have announces…

 
 
Business
 
 

Study: state pays for people with…

Secondary-school graduates in the Czech Republic earn about one third more during their lifetimes than do graduates of…

 
 
Business
 
 

Average Czech monthly wage up by 8.6…

Average monthly salaries in the Czech Republic grew by 8.6 percent year-on-year in the second quarter of this year…

 
 
 
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Related articles

 
Business
 
 

Illegal employment brokered via...

The Czech economy is booming – and so is the informal, grey economy, with an estimated quarter of a...

 
 
Business
 
 

Emperor Franz Josef still calling the...

Czechs start work bright and early, more so than most other nations in Europe. According to a Microsoft...

 
 
Business
 
 

Government agrees next year’s budget

The 2019 draft budget is to focus on investment, increase of public sector salaries and the raising of...

 
 
Business
 
 

Bureaucracy to blame for rise in...

Czech economic research institute CETA (Centrum ekonomických a tržních analýz) published a study focused...

 
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