Czechs borrowed a record amount in mortgage loans last year, iHned.cz reported on Tuesday. The news website said market leader Hypoteční banka had estimated the total volume of such borrowings for 2016 at CZK 225 billion – an increase of 22 percent on the previous year. Hypoteční banka attributed the growth to the healthy economy, long-term low interest rates and new legislation concerning consumer borrowing that took effect at the start of December.
Terminal 2 at Prague‘s Vaclav Havel Airport evacuated due to bomb threat
Bestselling guidebook maps some of Prague’s quirkiest sites
Business prodigy brings US-style schools to Czech Republic
Grand Café Orient in Prague–the only Cubist café in the world
Federer: “The Laver Cup will be a tough tournament, with tough matches, where the better player wins”