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Inflation declined to 10.7% in 2023 from 15.1% in 2022, according to the Czech Statistics Office, and dropped to the bank's target of 2.0% year-on-year in February, remaining unchanged in March.
The Czech coalition government survived a parliamentary no-confidence vote on Thursday over opposition claims that it is mishandling the economy and immigration. Only 85 opposition lawmakers in ...
Pavel said the current situation is unsustainable. According to the government, the measures should reduce the budget deficit by 97 billion Czech crowns ($4.3 billion) next year and for 2025 by ...
The Czech Republic’s central bank cut its key interest rate for the second straight time Thursday in an effort to help the struggling economy. The cut by a half-percentage point brought the ...
16 July – The Czech government announces plans to facilitate production of the Colt CZ Group assault rifle and the construction of an ammunition factory in Ukraine. [11] 17 July – The Czech government awards the Korea Hydro & Nuclear Power with a tender to build two reactors at the Dukovany Nuclear Power Station. [12]
The Czech Republic and Poland took coordinated action on Tuesday to introduce checks along their borders with Slovakia to curb illegal migration flows and smuggler activity, the countries said on ...
From 1991, the Czech Republic, originally as part of Czechoslovakia and since 1993 in its own right, has been a member of the Visegrád Group and from 1995, the OECD. The Czech Republic joined NATO on 12 March 1999 and the European Union on 1 May 2004. On 21 December 2007 the Czech Republic joined the Schengen Area. [8]
The Mayors and Independents (Czech: Starostové a nezávislí; STAN) is a liberal [12] political party in the Czech Republic, focused on localism, [2] regionalism [13] and subsidiarity. It holds 33 seats in the Chamber of Deputies, and is the third strongest party by number of seats following the 2021 election.