One fifth of companies plan to increase wages across the board next year. And another fifth of companies expect wage growth for selected employees. The average increase should be ten percent. Both the number of companies and the pace of wage increases are lower than this year, according to a ČSOB survey of 400 companies … Read more
Another energy supplier is ending. After Bohemia Energy and the smaller companies Kolibřík Energie and A-Plus, Ray Energy announced its termination this time. It has about three thousand consumption points. The reason, as with other bankrupt suppliers, is the high prices of electricity and gas on the stock exchange. “We have decided to close down. … Read more
The two largest domestic banks have announced that mortgage loans are becoming more expensive. The reason is rising resource prices on the interbank market. The availability of housing will thus worsen even more, people will be able to repay the loan all their working lives. On the other hand, overheated housing prices could gradually cool … Read more
Year-on-year growth in house and apartment prices in the Czech Republic accelerated to 11.9 percent in the first quarter, while prices rose by 8.9 percent a quarter earlier. Among the countries of the European Union, growth was the fourth highest, as at the end of last year. Compared to the last quarter of 2020, prices … Read more
At the Extraordinary General Meeting, Moneta’s shareholders did not approve the proposed financing of the merger with the banking part of PPF, which includes Air Bank, Czech and Slovak Home Credit and Benxy, which was needed to complete the transaction. Earlier, they agreed on the intention of the merger, said Moneta spokeswoman Zuzana Filipová 61.9 … Read more
On Monday, the Ministry of Finance launched the 12th issue of bonds, which can be ordered until Friday, September 17. In the previous issue, people ordered government bonds intended only for individuals for 4.54 billion crowns. The number of orders was 5,871. During 11 subscription periods, interest in savings bonds amounted to approximately CZK 33.2 … Read more
Shares of AMC Entertainment are trading after a medium-term trading, during which the price rose by almost 96 percent, to an all-time high. In addition to the positive impact of the reopening of cinemas, this is mainly due to the interest of small investors from a number of individuals who have been attracting attention in … Read more
The average wage in the Czech Republic increased by 6.5 percent to 38,525 crowns in the last quarter of last year. In real terms, after taking into account the growth of consumer prices, monthly earnings increased by 3.8 percent. This follows from data published on Monday by the Czech Statistical Office (CSO). In healthcare, salaries … Read more
The majority, 87 percent of restaurants and inns will open, on a day when government decisions allow it. This follows from a survey of 8,200 facilities conducted by Plzeňský Prazdroj. Roughly 11 percent want to postpone the opening to a period when they will be able to offer services without restrictions, said Zdeněk Kovář, a … Read more
The average mortgage rate fell to 2.02 percent in October from 2.07 percent in September. The rate decreased for the seventh month in a row, so low for the last time in March 2017. October, with a mortgage volume of 25.214 billion crowns, became the second strongest month in the history of the hypoindex compiled … Read more