President Pavel To Sign Austerity Package Into Law
The package is designed to cut state spending by up to CZK 150 billion over the next two years. Credit: Freepik. Prague, Nov 22 (CTK) - Czech President Petr Pavel has…
Research and Development Spending in the Czech Republic Rose By 9.3% in 2022
R&D spending in the Czech Republic remains below the EU average of around of GDP. Credit: Freepik. Prague, Oct 26 (CTK) - In 2022, research and development (R&D) spending in the…
Governing Coalition Passes Budget Consolidation Package
The package is expected to save around CZK 150 billion over the next two years. Credit: Freepik. Prague, Oct 14 (CTK) - The Czech five-party government coalition pushed the government's…
Czech Statistical Office: Year-on-Year Price Inflation Slows to Under 7%
In September 2023, the year-on-year price increase slowed down to , marking the eighth consecutive month of dropping inflation. Photo: TMA for Brno Daily. Brno, Oct 10 (BD) - This…
Czech Government Will Not Draft Further Austerity Package, Says Finance Minister
The package faces its third and final reading in the lower house, which is expected to vote on it next week. Credit: Freepik. Prague, Oct 6 (CTK) - The Czech…
Government Seeks Launch of Lithium Mining in Usti Region
Plans for lithium mining were discussed at the cabinet’s meeting in Kadan. Credit: Kadan, North Bohemia/Prague, 21 Sept (CTK) - The Czech government is doing everything possible for lithium mining…
Government’s Austerity Package Passes Second Reading in Chamber of Deputies
A final vote on the package is scheduled for the end of September. Credit: Poslanecka Snemovna. Prague, Sept 8 (CTK) - The government's budget consolidation package passed through its second…
Over 60 Czech Firms Ask PM Fiala To Support Same-Sex Marriage
The signatories to the letter said that marriage for all makes economic and moral sense. Credit: Freepik. Prague, Sept 6 (CTK) - 66 companies in the Czech Republic have signed…
Agriculture Minister To Discuss Food Prices With Retail Chain Representatives
Vyborny said the companies’ margins should not be inappropriate. Credit: Freepik. Prague, Sept 3 (CTK) - Czech Agriculture Minister Marek Vyborny (KDU-CSL) will discuss food prices on Thursday with representatives…
Coalition Agrees On Amendments To Budget Consolidation Package
The agreed amendments are fiscally neutral, with no impact on the scope of budget consolidation. Credit: Freepik. Prague, Aug 24 (CTK) - The Czech government coalition parties have agreed on…