Economy and Market

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News economy – December 2020

36 billion euros from the EU are coming to the Czech Republic The Czech Republic from the next multi-year budget of the European Union will have the chance to receive up to 36 billion euros (about 960 billion crowns). This was reported by the...

The Lihovar in Zlíchov and the oncoming gentrification

The plan concerning the historic and abandoned distillery in Prague 5 is one of the modernization projects for Smíchov and surroundings Just a few weeks ago we heard about the news of the imminent start of works for Smíchov city, an ambitious project that...

The real estate market, a collapse on the horizon? Far from it

One of the few sectors, which in the year of the pandemic saw a strong increase, was that of mortgages. Investments in housing continue to be considered safe and profitable The arrival of the new Coronavirus pandemic brought up for many of us the...

Czech Republic and Trieste continue to look for each other

More than twelve years after its return on the Czech market, the port of Trieste is aiming to strengthen its position as a container port in Czech Republic and, specifically, in Bohemia. What are the outlooks and issues of this logistical challenge? Almost a...

Škoda: a new CEO to slow down the branding race?

Both government and unions fear that the Volkswagen parent company wants to downgrade the flagship of the Czech economy The change at the management level in the historic Czech company was one of the most popular news of this summer A change in the...

A law seeking trust

The Czech Republic has long been at the bottom of the international rankings due to the slowness of building permits. However, the draft of the new legislation is at the centre of numerous controversies Despite the commendable and shareable objectives, the draft of a...

Tourism and coronavirus: what happens and changes now in the Czech Republic

After the complete closure in the spring months, hotels and restaurants in the Czech Republic hoped to return to normality. Yet, a lack of arrivals from abroad and criticism of overtourism mean the restart is an upward battle The heaviest numbers are expected for...

The Mine in Turów, Prague Asks for EU Help

The new Polish trend of the Czech foreign policy, between success at the European summit and disagreements with Russia and China Meanwhile, President Zeman praises “the excellent state of bilateral relations with Rome” Among the completion of the Multi-Annual Financial Framework (MFF) which was...

The Czech economy takes off again after the Coronavirus. But where to?

The countless questions about the future are of concern to most sectors, from the tourism industry to the automotive industry. Since the beginning of the crisis, the Czech government was characterized by a mix of activism and confusion In mid-May, two months after the state...

The end of the blue army on the Czech railways?

New decisive steps in the process of rail market liberalisation. End of České dráhy’s monopoly in regional and interregional transport The average age of České dráhy’s rolling stock continues to be very high and the investments should be massive to keep up with the...