Although once a socialist country 28 years after the Velvet Revolution, the Czech Republic ranks a very admirable position among world’s economies. Among transition countries that had to walk a long way from centralized economy and government to fully developed liberal economy; the Czech Republic positions herself among the best ones. Only Estonia performs similarly as
Where-to-be-born Index, formerly known as Quality of Life Index (QLI), indicates what country provides the best opportunities for a healthy, safe and prosperous life in the years ahead. The 2013 Index survey includes 80 countries and territories and uses ten quality of life factors along with forecasts of future GDP per capita. Switzerland scored the
Integration centers founded in 13 Czech counties are an expanding facilitator of understanding between newcomers and citizens. Integration is not a one-sided process teaching foreigners to adapt. There is a huge difference between integration and assimilation and hence, such centers embody the true nature of the former one. The aim is to promote development and
Although migration is nothing new since the crisis in 2015, movement of people across states’ borders has been brought up over and over again. The Czech Republic is no exception to alarming captions and titles about the flood of immigrants. But let’s put the fables aside and see the real figures. The Velvet Revolution and
There is a global trend in encouraging people to START their own business and to be eager to climb UP the ladder of success. It’s happening in New York, London, Tokyo, Tel Aviv but Prague and Brno are a new promising startup paradise. Companies such as Avast, AVG, Skypicker (now Kiwi) are now the sounding brands
Eurostat reports that the total percentage of the population at a risk of poverty or social exclusion in the Czech Republic is 14% compared to 23,7% of EU average – only people in Iceland are at a smaller risk of poverty than the Czechs. The real situation in the country Economist Ilona Svihlikova informs that the
„The Czech Republic is experiencing a significant growth in traditional sectors, however, within the EU28 it continues to lag behind in readiness to start and accelerate the growth of the digital economy.” Richard Stonavský, Director, Regulatory & External Affairs, Vodafone Czech Republic There is 9,323,428 Internet users in Czech Republic according to Internet live stats
1st of May is just another very welcome day off work for many. Labor day (Czech: Svátek práce, První máj) is nowadays celebrated in the Czech Republic by… a kiss! Sounds strange? Find out more! First day of May is worldwide celebrated as International Workers’ Day or Labor Day in commemoration of various historic achievements of
“In this world nothing can be said to be certain, except death and taxes.” — Benjamin Franklin, in a letter to Jean-Baptiste Leroy, 1789 Whether you file taxes on your own or rely on a tax consultant, knowing the tax system and tax deductions will help you save money and time. This is a general overview
The average EU citizen saw EUR 3.000 coming to his pocket every month of the last year (Eurostat, 2016) while the average Czech employee got mere EUR 1.000 per month (CZK 27.589). The difference is striking. To understand better why the Czech salaries continue to be low compared to other EU countries, we’ll look into
