The controversy surrounding Boris Johnson’s now infamous ‘Partygate’ scandal continues to gather steam, as the UK Prime Minister was forced to admit to misleading the House of Commons. Despite initially denying reports that his staff had held a Christmas party in Downing Street in December 2020, during the height of the COVID-19 pandemic, evidence has … Read more
Consumer prices should start to fall this year and the economy could be getting back on track. However, the great unknown of further economic development is China. No one knows what the end of the lockdowns there will do – especially taking into account the fact that the deferred demand in the Czech Republic drove … Read more
The Czech currency is the strongest against the euro in the last 14.5 years. On Friday, it strengthened to 23.69 CZK/EUR. The last time it was this strong was before the economic crisis that broke out in the fall of 2008. However, according to economists, no similarly dark scenarios are imminent this time. The koruna … Read more