Unemployment Rates Close to Pre-crisis Levels in Almost All OECD Countries

OECD (Organisation for Economic Co-operation and Development) publishes annual assessment of key labor market developments in its member states. Title photo: Pixabay. Czech Rep., Jan 14 (JS) – “For the first time since the onset of the global financial crisis in 2008, there are more people with a job in the OECD area than before the crisis,” said Stefano

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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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Czech economic power without Prague

Economic power and wealth of countries are frequently associated with their capitals. Take a look at how European countries would be doing without their beautiful capitals and discover why some researchers call Berlin “sexy, but relatively poor”. By Anastasia Alexandridou The Cologne Institute for Economic Research (IW) has published the percentages of the national per capita

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