The humanitarian group People in Need has launched an internet application
called Doložkomat (“clauseomat”) which allows borrowers to assess
seizure orders against them.
The application determines whether a clause is valid or illegal due to a non-transparent arbitration clause. If a seizure order is deemed illegal, it generates a petition for halting it.
Daniel Hůle of People in Need said the app could help stop as many as 100,000 illegal seizures. He said about 90 percent of the market for loans with illegal arbitration clauses is represented by four companies: Essox, Home Credit, Cetelem and Komerční banka.
The unemployment rate fell to 3.2 percent in February, after two straight
months of incremental growth, according to Czech Labour Office. A year ago,
the unemployment rate stood at 3.7 percent.
Some 241,417 people were out of work in February, the lowest number for the month since 1997. The number of advertised vacancies increased to 333,111.
Citing seasonal factors, the head of the Labour Office said unemployment should continue to drop slightly in the coming months, with positions opening especially in the construction, gastronomy, agriculture, forestry and tourism sectors.
The lowest unemployment rate remains in Prague, where 1.9 percent of people were out of work. The highest is in the Moravian-Silesian region, at 4.8 percent.
The average gross monthly salary in Prague stood at 41,851 crowns in the
fourth quarter of 2018, up 6.5 percent year on year, data from the Czech
Statistical Office (ČSU) published on Friday show.
Prague salaries are the highest in the country on average. The lowest are in the Karlovy Vary region, at 29,703 crowns.
Nationwide, the average gross monthly salary stood at 33,840 crowns in the fourth quarter, up 6.9 percent in annual terms.
According to the ČSU, 846,700 people were employed in the Czech capital in the fourth quarter, up 3.2 percent year on year.
Czech PM Andrej Babiš held talks with President Donald Trump at the White
House on Thursday.
At a press conference after the meeting, Mr Babiš said he felt that he had
a personal rapport with Mr Trump, and that he had invited him and his
daughter Ivanka to visit the Czech Republic.
He also said that he had appealed to Mr Trump not to introduce new tariffs on trade between the EU and the US, which could harm the Czech Republic. The two also talked about cooperation on matters of defence and security.
The White House meeting was the highlight of the Czech PM’s three-day visit to the United States, which also included a meeting with CIA officials at Langley.
The average monthly wage in the Czech Republic grew by 6.9 percent in the
last quarter of 2018, according to figures released by the Czech Statistics
Office on Friday.
The average wage stood at CZK 33,840. In real terms, discounting inflation, the rise was 4.7 percent.
The median wage, a midway between the highest and the lowest levels, in the last quarter rose by 7.1 percent year-on-year to CZK 29,247.
The average monthly wage for the whole of 2018 rose by 8.1 percent to CZK 31,885.
Czech Prime Minister Andrej Babiš has held talks with the American
President Donald Trump in the White House. It was the first visit of a
Czech prime minister since Petr Nečas met with President Barrack Obama in
The topics on the agenda included American tolls on European cars, security cooperation and the situation in Syria, where the Czech Republic is the only country to have an embassy. At the start of the meeting, Mr Babiš told the US head of state he had a plan to make the Czech Republic great again, hinting at President Trump’s first State of the Union address. He also said the two countries had been allies since the United States helped to establish Czechoslovakia 100 years ago.
President Trump praised the Czech Republic as a creative country, which was doing well economically as well as in other respects.
The White House meeting was the highlight of the Czech PM’s three day visit to the United States, which also included a meeting with CIA officials at Langley.
Moscow will respond to the decision of the Czech authorities not to allow a
Russian Foreign Ministry official to enter the country, the ministry’s
spokeswoman Maria Zakharova said on Thursday.
The man, who travelled to the Czech Republic as part of an official Russian delegation to participate in a meeting of the Russian-Czech intergovernmental commission on economic cooperation was refused entry to the Czech Republic "for security reasons". The incident happened on March 4.
Mrs Zakharova said that the “confrontational attack will not remain without an adequate response.”
Police from the country’s organised crime unit on Thursday raided the
Prague headquarters of the Austrian firm Kapsch. The police also searched
the office of ANO deputy chair Jaroslav Faltýnek, the headquarters of the
anti-trust office in Brno and several dozen other institutions around the
According to the website Novinky.cz, police suspect Kapsch’s CEO Karel Feix and the head of the anti-trust office Petr Rafaj of corruption. They are suspected of having tried to influence a contract to operate the electronic toll collection system in the Czech Republic, Novinky.cz reported.
The Austrian Kapsch AG, which has been operating the electronic toll collection system in the Czech Republic since 2007, is set to be replaced by the consortium SkyToll / Czechtoll this year.
US film star Peter Fonda will be among the guests at this year’s edition
of Prague’s Febiofest Film Festival, organisers announced on Thursday.
The actor, perhaps best-known for his role in the cult film Easy Rider,
will attend the festival’s gala opening on 21 March.
The two-time Golden Globe winner will receive the Kristián award for contribution to world cinematography, as will the Danish Oscar-winning director Bille August and the popular Czech actress Jiřina Bohdalová
The festival will run in Prague from March 21 to 29, before moving to the regions.
President Miloš Zeman on Thursday signed into law a bill which would
protect the rights of the several thousand British nationals living and
working in the Czech Republic in the event that the Great Britain leaves
the EU with no deal.
The bill will ensure that British nationals will be guaranteed the same treatment as all EU citizens up until the end of 2020. The areas covered by the bill include for example acquiring Czech citizenship, permanent residence and pension insurance.
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