Czexit: How businesses see it

Nearly 40% of Czech people hold a negative view of the EU (2017). Many foreign and Czech companies based in the country are concerned about the possibility of Czexit actually taking place. Photo credit: Pixabay  By Anastasia Alexandridou A March survey of 150 companies commissioned by The German-Czech Chamber of Industry and Commerce (DTIHK) showed

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Czech pensions to rise

by Anastasia Alexandridou Prime Minister Andrej Babiš’s government announced a change in the composition of pensions earlier this month, according to Jan Velinger, correspondent at Radio Praha. “The Czech pension scheme has two components: a fixed sum pension and an earnings-related part. The flat-rate fixed sum part provides all entitled citizens with a basic pension.

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