State-run Chinese conglomerate CITIC and CEFC Europe, the Czech-based unit of China's CEFC, have signed a memorandum of understanding to establish a joint venture, the Czech president's spokesman said.

A total of 2.4 million people in the 10.5-million Czech Republic were old-age pension recipients at the end of 2017, and the average monthly pension was 11,850 crowns, according to the Czech Social Security Administration (CSSZ) data CTK has at its disposal.

It's no secret that Czechs make some of the best beer in the world and also that many enjoy beer almost more than any other alcoholic or even non-alcoholic beverage. But habits appear to be changing. Last year, they consumed the least amount of beer in 50 years. In 2017, the Czech on average drank 138 litres over the course of the year, the lowest consumption in 50 years. The findings were released by the Czech Beer and Malt Association.

Airport operator Letiště Praha's results for the first quarter of 2018 were in line with the projected growth in passenger numbers, estimated at around 10 percent for the full year.

The Czech government on Wednesday decided to increase the 2018 budget of private and church schools by 131 million crowns so that the pay of their teachers may be raised in a similar way as the salaries of state-run school teachers, Deputy Prime Minister Richard Brabec (ANO) told journalists.

Prague has always been big on upping the Czech Republic's nuclear power capacity, but less so on how to finance it. As Brussels looks on with dread, Moscow may be about to ferment more discord on the EU's eastern edges.

Bratislava airport is used as a transit point for smuggling Czech rocket launchers and howitzers to Azerbaijan, on which a ban on the export of military material was imposed due to its conflict with Armenia. The weapons are reportedly produced by the Czechoslovak Group holding, owned by Czech armourer Jaroslav Strnad, according to Czech Television.