MUNI Faculty of Economics and Administration Forms Partnership With Atlas Copco Services
Radek Nesleha, CEO of Atlas Copco Services (left) and Jiri Spalek, Dean of ESF MU (right). Photo credit: Masaryk University Brno, August 5 (BD) - Masaryk University’s Faculty of Economics…
Chamber of Deputies Approves Extension of State Deficit To Fund Extra Costs Due To War in Ukraine
The Chamber of Deputies has approved a proposal by Petr Fiala's government to increase the state budget deficit for this year by CZK 50 billion in response to extraordinary financial…
Consumer Confidence In Czech Economy Falls To Lowest Level On Record
The Czech Statistical Office (CZSO) has reported that consumer confidence has been falling for the last five months, and in the first month of the holiday season fell to the…
50% of Czechs Pessimistic About Economic Outlook As Households Brace For Further Price Hikes
The economic mood of the Czechs in the first half of 2022 is considerably pessimistic, according to a survey conducted by the STEM agency. The household financial outlook index fell…
Inflation: Basic Necessities and Consumer Goods Increase 15% Year-On-Year In The Czech Republic
Consumer prices increased by in May 2022 from the previous month, according to the Czech Statistical Office (CZSO). The increase was mainly driven by higher prices for food, non-alcoholic beverages…
Czech Median Wage Rises 6% In One Year
The median monthly wage last year rose by about 6% to CZK 35,169, standing at CZK 37,070 for men, and CZK 32,800 for women, according to the data published this…
Government Reconvenes National Economic Council
At a meeting on Wednesday, 18 May, Petr Fiala's government decided to reconvene the government's National Economic Council, approving new statutes and members for the body. The National Economic Council…
Czech Economic and Social Agreement Council Met On Tuesday To Discuss Refugee Crisis and Presidency of the EU
The third meeting of 2022 of the Czech Economic and Social Agreement Council took place on Tuesday, with many topics under discussion including the impact of the Russian aggression in…
Inflation In The Czech Republic Reaches 25-Year High
Inflation in the Czech Republic reached y-o-y in March, the highest level since 1998. The steepest price rises are reported in energy and fuel, but virtually all items in the…
New Research Sheds Light On Economic Impact of Students On Brno
Brno is often described as a student city, and rightly so. There are almost 65,000 young people studying at universities in the city, making up 1 in 6 of the…