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Mortgage rate stagnates as market cools

Average mortgage rates in the Czech Republic ceased climbing in May on the back of banks’ springtime campaigns to attract new clients. Meanwhile the overall number of mortgages signed indicates that the market is cooling down, iHned.cz reported.

 
 
Business
 
 

Czech company to produce biofuels from…

The Czech company Chemoprojekt, based in Ústí nad Labem in north Bohemia, is set to launch production of biodiesel made…

 
 
Business
 
 

New boss tasked with overhauling…

Czech Post has a new director general. Freshly-installed chief Roman Knap has been tasked with cutting costs but also…

 
 
Business
 
 

Prague Castle festival offers best of…

Prague Castle is hosting a two-day festival of mini breweries. The annual event, which kicks off on Friday afternoon…

 
 
Business
 
 

Petrof Piano maker records highest…

The world-renowned Czech piano maker Petrof last year recorded a turnover to the tune of 245 million crowns, which is…

 
 
Business
 
 

Tax bill to impact budgets of public…

A government VAT bill will lead to Czech Television and Czech Radio losing a significant chunk of their annual budgets.…

 
 
Business
 
 

Czech restaurants and pubs facing…

Czech restaurant and hotel owners are struggling with a major shortage of skilled workers, the daily Hospodářské noviny…

 
 
Business
 
 

Czech Consulate in Lvov improves visa…

In response to numerous complaints with regard to abuse of the Czech visa system in Ukraine, the Czech consulate in…

 
 
Business
 
 

Czech central bank to set stricter…

The Czech National Bank is due on Tuesday to recommend stricter lending conditions over rising concerns that a…

 
 
Business
 
 

Internet banking in Czech Republic on…

The number of Czechs using internet banking has steeply increased over the past ten years. While in 2008, only about 12…

 
 
Business
 
 

Ministry aggro over Kaufland’s 1-crown…

The Ministry of Agriculture is taking unprecedented action against a supermarket chain over a promotional campaign. The…

 
 
 
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Related articles

 
Business
 
 

Mortgage rate stagnates as market...

Average mortgage rates in the Czech Republic ceased climbing in May on the back of banks’ springtime...

 
 
Business
 
 

Czech company to produce biofuels...

The Czech company Chemoprojekt, based in Ústí nad Labem in north Bohemia, is set to launch production of...

 
 
Business
 
 

New boss tasked with overhauling...

Czech Post has a new director general. Freshly-installed chief Roman Knap has been tasked with cutting...

 
 
Business
 
 

Prague Castle festival offers best of...

Prague Castle is hosting a two-day festival of mini breweries. The annual event, which kicks off on...

 
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