Despite a growing economy and higher salaries, many Czechs are still taking loans to buy Christmas gifts for their nearest and dearest. According to a survey carried out by the Czech Banking Association, some seven percent of Czech consumers will borrow money to cover their seasonal expenses. What is more, around one-third of those are willing to take high-risk loans.
Czech Post will increase the price for some of its services as of January 1st and introduce dual-speed deliveries. The state-owned company, which is undergoing reorganization, has been criticized for late deliveries. As of next year it will offer clients the choice of paying more for guaranteed faster deliveries of mail and parcels, which should be delivered by the following day, or stick with the basic price in which case the delivery will take longer.
The Temelín nuclear power plant is southern Bohemia will be scaling down
production on both its blocks in the coming days due to scheduled
maintenance, the power utility ČEZ reported.
Operation on one will be reduced by ten percent, and the other will operate at half its capacity in order to enable safe maintenance. Both will remain connected to the grip and should return to full capacity by December 24th.
The state is set to collect CZK 1.6 billion from Prague Airport this year.
The Chairman of the Board of Directors Václav Řehoř told Czech Radio
that this was a logical consequence of the economic results of the airport
which have been developing “above expectations“. He said that
extraordinary revenues, such as the sales of air craft, played a role in
the increased profits. Last year, the state collected only CZK 350 million,
while in 2017 it was CZK 2.5 billion.
The airport is planning to invest tens of billions of crowns in the next few years. This will include a CZK 16 billion expansion of its second terminal, as well as a new parallel runway.
The Czech Republic lacks effective tax incentives and other measures that
would encourage households and businesses to cut greenhouse gas emissions,
the Supreme Audit Office (NKÚ) says in a new report.
The Czech state has failed to motivate citizens to use greener vehicles, reduce energy consumption and switch to greener energy sources, the report says. The NKÚ notes that financial and tax measures fall under the remit of the ministries of Finance, Transport and Environment.
Unlike in most European Union member states, the report says, financial measures aimed at combatting global warming are not actively enforced in the Czech Republic. Here, the three ministries are merely tracking developments, according to the NKÚ.
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