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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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Unemployment in May drops to new low

The unemployment rate in the Czech Republic fell to a new low in May, at 2.6 percent down from 2.7 percent the previous…

 
 
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Decrease in Germany’s 2019 growth…

The German Central Bank has published a prediction on the country’s expected economic growth for 2019. It lowered its…

 
 
Business
 
 

New flats in Prague increasingly out of…

Prague inhabitants with an average salary would have to work for nearly fifteen years for a flat of approximately…

 
 
Business
 
 

Czech think-tank Sinopsis: Chinese…

Ahead of the 30th anniversary of China’s crackdown on peaceful pro-democracy demonstrators in Tiananmen Square, Radio…

 
 
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Environment experts working on…

Experts from the Czech University of Life Sciences are working to create a landscape with elements to ensure that the…

 
 
Business
 
 

Czech beer exports increased by over 11…

Czech breweries exported a record 5.16 million hectolitres of beer last year, an increase of over 11 percent in 2018…

 
 
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Joke movement gains million crowns in…

As the dust settles in the wake of the European elections individual parties and movements are counting their political…

 
 
Business
 
 

Corporate catering businesses on rise…

Corporate catering businesses are on the rise in the Czech Republic, with more and more fast food chains and food…

 
 
Business
 
 

Study: Sector tax on banks would spark…

The possible introduction of a sector tax on banks in the Czech Republic would lead to a knock-on increase in the cost…

 
 
Business
 
 

CEZ to offload foreign companies in…

The energy giant CEZ is undertaking a considerable change in strategy. Instead of striving to become a major player in…

 
 
 
 
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