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Senate approves extending relief regime for ‘childhood debts’

The Czech Senate has approved an amendment to the Insolvency Act expending to a preferential debt relief regime that now only applies to the elderly and disabled to people paying off debts incurred when they were minors. The amendment has yet to be signed into law by the president.

 
 
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Level of digitalization in public…

The present level of digitization in public administration will be woefully inadequate in three to five years according…

 
 
Business
 
 

Czech PPF Group biotech firms begin…

Biotech companies within the PPF Group, controlled by Czech billionaire Petr Kellner, are reporting advances in efforts…

 
 
Business
 
 

Sazka bids for complete control of one…

The Czech lottery company Sazka Group has submitted a bid to buy out the remaining shares in the Greek company OPAP…

 
 
Business
 
 

Czech industrial production dips…

The Czech Republic’s year-on-year industrial production figures grew by 3.2 percent in May, 0.1 percent less than in…

 
 
Business
 
 

Czech guitar makers hope to expand…

The Czech guitar manufacturer Furch Guitars has been growing steadily since the Velvet Revolution and its instruments…

 
 
Business
 
 

CRIF: number of personal bankruptcies…

This June, 926 personal bankruptcies were officially registered in the Czech Republic, a drop of 341 from May and the…

 
 
Business
 
 

Study: Czech municipalities adept at…

Czech municipalities have become adept at managing their finances, suggests a study carried out by credit rating agency…

 
 
Business
 
 

Availability of good jobs around…

Around a million Czechs commute to work every day. However, most people resent time spent travelling to their place of…

 
 
Business
 
 

Study: Czechs increasingly opting for…

Czechs are increasingly purchasing healthful foods thanks to growth in the popularity of active lifestyles and rising…

 
 
Business
 
 

České Budějovice Airport to dispatch…

The long-term modernisation of České Budějovice Airport in South Bohemia has been completed, regional authorities…

 
 
 
 
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