The biggest story of the last week has to be the decision by the Czech National Bank to cut interest rates to an all-time low in the face of a weakening global economy. The overnight discount rate for commercial bank loans was cut by half a percent to 3.75 - the first time the rate has ever dipped below 4 per cent. Other key interest rates were also cut by half a percent.
New foreigners’ law to change conditions for non-EU nationals
Czech rock climber Adam Ondra knocked out of World Cup in Japan
Czech foreign ministry reports record number of visa applications
New index shows locations with best quality of life in Czech Republic
Archaeologists unearth rare Renaissance-Baroque brew house in ‘Czech Paradise’