The Czech Republic is one out of two countries in the European Union that recorded a high increase in both rental and house prices. Rents in the country have increased by 80% in the past 13 years, recording the second biggest increase in the EU, and house prices saw a 70% rise – the fourth
This week, the Czech Ministry of Finance has proposed a package of tax changes for 2021, including an alternative scheme to the popular job benefit “stravenky” (food vouchers). Title image: stock photo / Pixabay. Czechia, May 29 (JS) – The Ministry of Finance has announced a proposed alternative to the “stravenky” scheme, which sees many
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
According to the data recently published by the Czech Statistical Office (CZSO), the GDP per inhabitant in South Moravia was the second highest among the Czech regions in 2018. Prague has over double the GDP of any other region in the Czech Republic. The Czech capital received the seventh place among the richest regions of
The Association of Credit for Central and Eastern Europe’s 8th annual conference returns to Brno for the first time since 2014 yet again attracting Shared Service Centres to attend. Photo by ACCEE. By ACCEE Brno, Czech Rep., Sep 11 (JS) – Aimed at Shared Services, more than 40 different international companies will be attending from
According to a 2018 World Bank report analyzing intergenerational educational and economic mobility, the American dream, a possibility to move upward from a lower social class or economic level to a higher one is more easily attainable in other high-income countries than in the US. The World Bank ranked Czech Republic the 12th country in
93% of Czech companies are in favor of cancelling the long-standing “stravenky” working benefit. The paper meal vouchers should be replaced by money, say employers, according to the latest data from the Czech Chamber of Commerce. Photo: Pixabay. Czech Rep., Aug 20 (JS) – The Czech Chamber of Commerce surveyed employers who currently provide meal
According to the newest Eurostat data regarding the first quarter of 2019, Czech Republic has the second fastest growing property prices in Europe, with a 9.2% increase since 2018. Photo credit: Zenon Moreau. Czech Rep., Jul 15 (JS) – On July 10, Eurostat released data regarding the pricing of houses in Europe. The average price
