Overseas investors have flooded the Czechia with dollars, they are creating dollars from the countrywide debt

The financing of the Czech governing administration this 12 months ever more relies upon on cash from abroad. According to the newest data from the Ministry of Finance, overseas buyers held a document 733 billion crowns in Czech federal government bonds at the conclusion of July. Fund players purchased $ 125 billion really worth of … Read more

Apartments have run out, rents are rising by tens of percent. The war brought closer the catastrophe on the Czech real estate market

Around 400,000 refugees from the war will come to the Czech Republic. The demand for rents will thus jump significantly. In addition, many Czechs are postponing the purchase of their own real estate due to higher prices. Result? Rising prices will rise by up to 30 percent in the next two years, writes the consulting … Read more

Lukáš Kovanda: The problem is different from gas stations, Minister

Minister of Finance Zbyněk Stanjura should focus not only on the margins of gas stations, but also on refineries. The refining margins of the largest fuel retailers in the Czech Republic are rising sharply, as they are still processing discounted Russian oil. According to him, he is not the Minister of Finance Zbyněk Stanjura satisfied … Read more

Schäfer’s farewell gift: He wants a group gigafactory to stand in the Czech Republic

Thomas Schäfer, the incumbent Chairman of the Board of Directors of Škoda Auto, who will take over the operational management of the VW brand from 1 April, wants the parent company Volkswagen to choose the Czech Republic to build a car battery factory. Schäfer said this in a public statement interview with the Frankfurter Allgemeine … Read more

Nazarov due to the Russian invasion of Ukraine is likely to end in Bohemians

Russian footballer Yevgeny Nazarov is likely to end up in the Bohemians 1905 due to the Russian invasion of Ukraine. The club reported on its website. The 24-year-old defensive universal applied for new visas, which he has not yet obtained. One week ago, the Czech government decided to stop issuing visas to Russian citizens, except … Read more

Lukáš Kovanda: Tax changes will bring people more money to fight inflation

The increase in the taxpayer’s discount will cost almost 13 billion crowns. It will help noticeably and the socially weaker, as opposed to abolishing the super-gross wage. The basic tax rebate per taxpayer will increase by three thousand crowns from 1 January 2022, from 27,840 to 30,840 crowns. The public coffers will be deprived of … Read more

The government no longer knows the measures, says the opposition. She accidentally forbade making beer

Experts, the opposition and people from the fields affected by the frequent changes in government measures are shaking their heads. “Now we are in a situation where we know nothing again. We have a PES here, which we very much welcomed, because there are some clear instructions from which to deduce what will be. And … Read more

Vaccination is supposed to permanently resolve the pandemic. Beginning at the end of the year at the earliest, the ministry expects three waves of vaccination

When will the vaccination start? Great Britain began to vaccinate earlier than Western European countries. The member states of the European Union must wait for the approval of the European Medicines Agency, but it will probably issue its opinion at the end of the year at the earliest. However, the Czech government already has a … Read more

Thirty years ago, the modern story of Škoda began. Why did Volkswagen get it?

In the end, the government preferred the German concern Volkswagen to the offer of the French Renault. Now, Škoda Auto from Mladá Boleslav is the driving force behind Czech exports and has long been one of the most efficient Czech industrial companies. In communist Czechoslovakia, the Škoda carmaker produced passenger cars, which were widely used … Read more

The Czechia is heading to level four! The PES has risen again, definitely this time?

The Czech Republic has been consistently at 57 in the PES system of the Ministry of Health since 23 November. On Saturday, however, the number changed for the first time to 59. A few hours later, however, the ministry said it was a system error. “The PES risk index remains at 57. Some laboratories did … Read more