“It will help the Czech economy a lot”, says economist on new Brexit deal
After nearly five years of negotiations, Britain and the European Union have reached an agreement on trade relations after Brexit. The announcement came on Christmas Eve, the traditional day when Czechs give each other presents. But was it a welcome gift for Czech businesses? I asked Lukáš Kovanda, the chief analyst at Trinity Bank, what he thinks of the Brexit deal.Continue Reading
Czech PM’s conflict of interest, EU subsidy misuse to cost country ‘hundreds of millions’, opposition MEP says
The Czech state will be forced to return “hundreds of millions” of crowns due to Prime Minister Andrej Babiš’s ongoing conflict of interest and improper disbursement of EU funds, a Czech opposition MEP on the European Parliament’s budget control committee says, citing the final European Commission audit.Continue Reading
Eurosceptic? Czechs are happy within the EU
The Visegrad Group is important for the whole of Europe but the relationship with the EU is more often than not a complicated affair. Czech Deputy Minister for Europe Aleš Chmelař reflects on discrepancies within the group and what role the four countries together can play in the wider region.Continue Reading
Commission approves EUR 110 million Czech rent compensation scheme
The European Commission approved a CZK 3 billion Czech scheme to support retail businesses and service companies renting premises, which were limited or forbidden to carry out their activities due to the measures imposed by the government in the context of the coronavirus outbreak.Continue Reading