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Inspectors point to errors of over CZK 100 billion in Ministry of Finance accounts

The Supreme Audit Office has uncovered inaccuracies amounting to over CZK 100 billion in the accounts of the Ministry of Finance for 2015. Officials say that ... more >>

Prague planning to face climate change

The average temperatures in Prague have gradually risen to more 10 degrees Celsius since the 1960s, and the city is looking at ways to mitigate the problem. While 10... more >>

Things to Think About - Only a man who knows what it is like to...

For me, Muhammad Ali’s contributions as a life philosopher just continue to grow. He is someone who aged well and he became known more for his wisdom and common sense... more >>

It’s a car, it’s a plane… no, it’s an autogyro in the middle of Prague!

Nirvana Systems is a company based in Přerov, the Czech Republic, which for years has been building paramotors and kits and other gear for the sport of PPG – powered ... more >>

ANO leader Andrej Babiš against euro-adoption, favours multi-speed Europe

ANO leader Andrej Babiš, who is widely expected to be the country‘s next prime minister, has said he is opposed to the Czech Republic adopting the euro and is against ... more >>

New Brno digital lab aims to spark innovation in region

The biggest digital laboratory in the Czech Republic has just opened its doors at the Jihomoravské inovační centrum (South Moravian Innovation Centre, JIC) in Brno. ... more >>

City looks at Airbnb problems

Prague Mayor Adriana Krnáčová (ANO) wants to regulate short term rentals using services like Airbnb. She claims the city should resolve problems related to the ... more >>

Apartment prices up 30 percent in two years

Apartment prices in Prague have been rising. In January and February 2017 the average price for a new apartment rose 2.5 percent to Kč 88,500 per square meter, ... more >>

PM targets foreign companies over low Czech wages

Increasing wages, Prime Minister Bohuslav Sobotka has made clear, will be a key campaign theme for his Social Democrats in what is an election year; on Tuesday, he ... more >>

Czech customers punish established banks

Nearly 15 percent of Czechs switched to a different bank last year to avoid paying high fees, the daily Hospodářské noviny reported this week. According to a new ... more >>

Czech tourism sector seeks room and directions for greater success

The Czech tourism sector has something to celebrate following the announcement last week of record incoming visitors for 2016. But all is not rosy in the sector with ... more >>

Odometer fraud remains major problem, Czech Radio reports

Odometer fraud continues to be a major problem for buyers of second-hand cars in the Czech Republic. Past studies suggested that as many as 42 percent of vehicles ... more >>

Things to Think About - The biggest threat to innovation

Many years ago, the members of the Board of Advisors at Stanford University’s Graduate School of Business were asked what the most important attribute of a successful... more >>