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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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Extension of controversial electronic…

Prime Minister Andrej Babiš’s (ANO) bid to extend the scope of the electronic cash register system known as the “EET…

 
 
Business
 
 

Lorry drivers and crane operators…

Unemployment rates in the Czech Republic have been the lowest Europe-wide for some time now. The latest data on…

 
 
Business
 
 

Czech PM’s request for share of bank…

Czech Prime Minister Andrej Babiš caused a stir in Central Europe’s banking sector when he suggested that lenders in…

 
 
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New bill to prevent children from…

Over six thousand children in the Czech Republic are currently threatened with a distraint order over unpaid debts…

 
 
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City of Prague plans to introduce…

The City of Prague and the City’s Transport Authority are planning to introduce an annual pass that could be purchased…

 
 
Business
 
 

Study: No increase in Czech…

Raising the minimum wage tends to have a knock-on effect of higher unemployment. However, repeated increases in the…

 
 
Business
 
 

Czechs dealing with unexpected fall-out…

The Czech Republic on Monday entered its fifth day without crude oil deliveries from Russia, suspended due to…

 
 
Business
 
 

Czech bank to offer first-time buyers…

Česká spořitelna, the second biggest player on the Czech mortgage market, is planning to launch a special type of…

 
 
Business
 
 

Dry weather boosts likelihood of more…

The current dry weather in the Czech Republic is facilitating the reproduction of the bark beetle, which destroys…

 
 
Business
 
 

Shoppers increasingly turning to…

The Czech Ministry of Agriculture has just released data which shows the organic food market grew at an exceptionally…

 
 
 
 
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