Inflation in the Czech Republic to Fall Significantly By The End Of 2023
The year 2023 will see a short economic recession. Experts expect inflation to fall by the end of 2023. Photo by Viki Mohamad on Unsplash According to Jan Capek, an…
Update To Emissions Trading System Brings EU One Step Closer To Carbon Neutrality
The Czech Ministry of Environment expects that the country will receive a total of CZK trillion for low-carbon investments by 2030. Photo credit: Freepik. Czech Republic, Dec 23 (BD) -…
Decline In Retail Sales Continues in the Czech Republic
Have you noticed the Christmas decorations arriving in shops later this year? Year-on-year sales in retail trade decreased by nearly 10% in the Czech Republic in October. Businesses and shoppers…
Prague’s Residential Real Estate Market Is The Most Expensive and Overheated In The EU
According to the latest census, there are approximately 721,300 flats in Prague. Photo credit: Prague, Dec 6 (BD) - According to the latest census, there are approximately 721,300 flats in…
Czech Real Wages Expected To Fall By Over 8% In 2023
Cyrrus mention two main reasons for the excess of consumer inflation over wage growth: the Russian-Ukrainian war and the Covid-19 pandemic. Photo KB for Brno Daily Czech Rep., Dec 2…
Raiffeisenbank To Absorb Equa Bank, Along With Half a Million Clients
Equa Bank will merge with Raiffeisenbank in November. Photo Credit: Freepik Brno, 13 Sep (BD) - At the weekend, Equa bank announced that, after 10 years on the Czech market,…