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Debt trap: housing co-ops, building owners petition gov’t for help with errant tenants, members

Building owners and housing co-operatives are demanding government help in enforcing and expanding their rights to collect payments from errant tenants or allow for their eviction, or force the sale of flats to cover debts. Many housing co-operatives across the country face bankruptcy, the groups say, due to tenants’ and co-owners’ failure to pay utility and other bills.

 
 
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Poor harvest to double the price of…

This year’s potato harvest is expected to be one of the poorest in decades, the daily e15. reported on Tuesday. Due to…

 
 
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PPF selling Air Bank and Home Credit…

The PPF Group controlled by Czech billionaire Petr Kellner is looking to sell its commercial lender Air Bank and…

 
 
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Czechs increasingly dependent on…

Vegetable imports to the Czech Republic continue to grow, the Czech News Agency reported this week. According to data…

 
 
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PM determined to keep lithium mining in…

The Australian-based mining company European Metals Holdings is continuing with preparations for lithium mining in the…

 
 
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Housing in Czechia least affordable in…

The availability of housing in the Czech Republic is the worst in Europe, with a new flat amounting to 11.3 multiple of…

 
 
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Škoda boss unveils new SUV – Kodiaq RS

Just before the start of the 2018 Paris Motor Show, Czech automobile manufacturer Škoda revealed its new SUV model…

 
 
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Czech industrialists mapping out…

As the United Arab Emirates continue to lower their country’s economic dependency on oil, new opportunities are on the…

 
 
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Czechs increasingly fond of foreign…

Czech customers spent some 19.5 billion crowns on purchases from foreign e-shops and on online booking of air-tickets…

 
 
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Government pours more money into water…

With the problem of persistent summer droughts gaining in intensity, the Environment Ministry has announced it will…

 
 
Business
 
 

Illegal employment brokered via…

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

 
 
 
 
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