The Czech Republic has dropped by three positions to 32nd place in the World Economic Forum’s 2019 Global Competitiveness Report. Despite that, Czechia remains the most competitive economy in Central Europe, suggests the rating. It finished behind Estonia, but ahead of the other Visegard Four countries, Poland, Slovakia, and Hungary.
The Czech Republic is now ahead of Spain in terms of GDP per capita adjusted to purchasing power parity (PPP). At least according to the latest OECD data, which show the country ranked 27th among the organisation’s 36 member states, with Spain one place behind, news site Aktuálně reports. However, the country still ranks bellow the EU average.
The lower house‘s Investigatory Commission on OKD announced on Tuesday that it has decided to file a criminal complaint against four former government ministers for their role in the privatisation of the Silesian coal mining joint-stock company Ostravsko-karvinské doly (OKD). Among them is the former prime minister Bohuslav Sobotka. According to the commission, the privatisation and subsequent events were in contradiction to the interests of the state.
US electric car maker Tesla has opened its first showroom in the Czech Republic. Its official dealership is in Prague’s Vysočany district, where Tesla already operates a service centre. Visitors to the showroom can try all Tesla models, including Model S and X, as well as the most affordable Model 3, which sells for 1.2 million crowns.
As tributes to the late Czech singer Karel Gott pour in from at home and abroad following news of his death on Wednesday, the Kodl Art Gallery in Prague has announced it is putting one of the singer’s paintings up for action. Although Karel Gott was an amateur, self-taught painter interest in it is expected to be huge.
Czechs and Germans in 1930s Czechoslovakia: a complex picture
Wide range of events in store for Czechs this weekend as 30-year anniversary of Velvet Revolution reaches climax
Hundreds of thousands again gather in Prague to voice their opposition to prime minister
Shabby pub profits from nostalgia
Škoda unveils 4th-generation Octavia ahead of model’s 60th anniversary