- Economy is providing resources for English speaking Business Professionals living in, visiting, or interested in Prague and Czech Republic. Browse our latest Economy articles, if you have interesting content to share with our users, please feel free to contact us anytime to discuss with us possible publication on!

MF to cut expenditure on eco-tenders by CZK 25bn

The Ministry of Finance (MF) has halved its expenditure on the resolution of environmental damages established before privatisation. Thanks to twelve terminated environmental contracts and new transparent procurement rules, the ministry saved more than CZK 1bn compared to the original bid prices. Minister of Finance Andrej Babiš (ANO) expects that with these results, all environmental commitments of the state will be implemented for a price that will be by at least CZK 25bn lower compared to the so-called eco-tender.



We Ensure your business gets seen - Use the power of video advertising! 

With a total of over 300,000-page visits per month and over 60,000 followers on social media channels, PTV Media Group is the leading international media service in Prague, Czech Republic. If you are interested to take the next step with your company and you are ready for new clients, visit

Exchange rates
Upcoming Events