According to a survey that ranks cities according to the cost of living for expatriates, all four Visegrad capitals have dropped in the rankings compared with 2018, with Bratislava seeing the largest relative decrease. Of the four, Prague is considered the most expensive. Photo: Prague bridges. Credit: ZM / Jobspin. Czech Rep., Jun 11 (JS)
Businesses are expected to take this opportunity to shift their retail operations to the virtual environment and increase automation in their production and logistical processes. This global pandemic is both a reminder and a motivation for all retailers to be agile and innovative. Title photo: via Pexels stock photo database. Czech Rep., Apr 22 (JS)
Many businesses have not been able to access government support. They also fear that recent government plans to ease restrictions will not happen quickly enough to save them. Photo credit: Freepik / For illustrative purposes. Czech Rep., Apr 20 (JS) – The Chamber of Commerce has highlighted the tangle of bureaucracy and lack of clarity
Hourly labour costs in the Czech Republic in 2019 averaged around EUR 13.5. While still below the EU average of EUR 27.7, this represented an increase of 7.5%, compared to an increase of 2.9% across the whole EU. The cost of labour in the Czech Republic was the highest in the Visegrad Group countries. Photo
2019 was a difficult year for the Czech economy and there are plenty of things to encourage the doomsayers: Donald Trump’s trade wars, the coronavirus and Brexit. But what do the economic forecasters tell us? Photo credit: Freepik / stock pictures. Written by Charles du Parc Czech Rep., Feb 24 (JS) – The CNB quarterly
Photo credit: Freepik. CZ, Feb. 19 (JS) – Does checking your finances – especially near the end of the month – always makes you feel a little like weeping? Do you feel that you are working too hard for what you are being paid? Then it is time to take some steps to eliminate these
Inflation continues to surge; rising by 3.6% in January. Pushed upwards by the price of food and rents as well as recent changes in taxation. It is not expected to fall back until early 2021. Photo credit: Freepik / For illustrative purposes. Author: Charles du Park Czech Rep., Feb 17 (JS) – Inflation in January
At their monthly meeting last Friday, the Czech National Bank (ČNB) board voted to increase their main interest rate to 2.25%. This took the markets by surprise and the Czech Koruna strengthened consequently. Almost all the analysts and commentators had expected no change at the moment. Title photo: Z. Moreau / Jobspin. Author: Charles du Park
Czechia is the second country least threatened by poverty in the EU, with just 3.4%. Finland topped the index. Photo: Prague / credit: ZM / Jobspin. Czech Rep., Feb 9 (JS) – According to data published by the EU statistical office Eurostat (31-1-2020), in 2018, one in ten employed people over the age of 18
A recently published 2018 study from PriceWaterhouseCoopers (PwC) shows that job position and motivation are directly linked to the number of absences per year, and describes the different factors involved in how each industry is affected by morbidity (the rate of disease in a population). Photo: Stock picture / Freepik. Do You Work in the
