Recent Business News in the Czech Republic

Wholesale prices have enabled some electricity suppliers to adjust price lists downwards several times. According to analysts, the trend may continue in the future. Already today, customers can secure unofficial, more favorable tariffs from many suppliers, all they have to do is ask for them in the same way as, for example, from mobile operators. … Read more

Restoring the tradition. The Prague Spring Festival was opened by President Petr Pavel

The 78th edition of the Prague Spring Festival began this Friday in the Smetana Hall of the Municipal House with the participation of President Petr Pavel and Prime Minister Petr Fiala from the ODS. As is the tradition, Má vlast by Bedřich Smetana was performed, this time by the Orchestra of the Welsh National Opera … Read more

The Czechia is preparing to disconnect from Russian oil. We are better prepared for this than Hungary, says Bartoň – ČT24 – Czech Television

– – overheat – video Events: The Czechia and the reduction of dependence on Russian oil – – “It will require investment. Of course, the state-owned company Mero is acting in this matter and we will see what the final result will be, “says Václav Loula, spokesman for the Czech Association of Petroleum Industry and … Read more

European Commission proposes exemption for Czech oil embargo until the middle of 2024 – ČT24 – Czech Television

The revised proposal for new sanctions, which generally envisages the end of Russian oil imports at the end of this year, was discussed by the ambassadors of the European Union member states on Friday morning. The European Commission has newly proposed an exemption for the Czechia until the middle of 2024 and for Hungary and … Read more

Border crossings with Ukraine have thinned since the mobilization. Women with children are heading to neighboring countries – ČT24 – Czech Television

Slovakia also has centers ready for homeless Ukrainians, first it is going to use asylum centers, in the next phase of the building under the ministry. “The government is very qualified. Even the offer of help to people looks relatively favorable to the refugees, as he is used to in Slovakia, “he said. On Thursday, … Read more

Farský resigns as chairman of the STAN parliamentary group. He is heading to the university in the USA – ČT24 – Czech Television

“It is a huge honor for me, but also a unique opportunity to further develop my career,” said Farský. He consulted the six-month internship with STAN Chairman Vít Rakušan and Prime Minister Petr Fiala (ODS). “I am glad that they both supported me in my further personal and professional growth,” he said. As the chairman … Read more

Zeman is so ill that he cannot control the post-election process. Parliament will have the main say

The medical report that President Miloš Zeman is unable to perform any work duties due to health reasons changes the post-election situation in the Czech Republic. Given his status, it is very likely that Zeman will lose some important powers, including the appointment of a new prime minister. The next Prime Minister should be appointed … Read more

I believe that it will be a decent government, says Vystčil. Vondráček sees long-term ideological disagreements in the Five Coalition

“I believe we will rule. Together with the Pirstan coalition, we have 108 seats and a signed memorandum. If a coalition has a majority, it is logical for it to rule, “said Senate President Vystrčil at the beginning of the possible form of the new government. At the same time, he confirmed that the Spoled … Read more

Deputies interrupted negotiations on the CNB or five weeks of vacation – ČT24 – Czech Television

The final reading of the government’s draft, which is to expand the powers of the Czech National Bank in regulating the provision of mortgages, is being extended again. The Chamber of Deputies did not accede to the ODS’s proposal in the morning to remove the draft from the agenda. The Pirates’ proposal to include it … Read more

The Senate version of the tax package has a chance in the Chamber of Deputies to approve the votes of YES and ODS – ČT24 – Czech Television

Senators on thursday, they modified the original parliamentary version so that the taxpayer’s discount increased in the next two years, always by three thousand crowns. Next year, the discount should increase from the current value of CZK 24,840 to CZK 27,840 per year, and in 2022 to CZK 30,840. The Chamber of Deputies proposed 34,125 … Read more