Koruna

Pensions and Protests in Central Europe: Different Strokes for Different Folks

But changes to pensions inevitably create fear and loathing, while any positive impacts won't be seen for years. It's little wonder then that, with so many Czech governments having led a precarious existence, little progress has been made over the decades.

Poor Suffer Most as Czech Housing Crisis Deepens

Czechs seeking to buy an average sized apartment of 70 square metres faced paying over 11 times their annual salary in 2019, more than their peers in any other European country. That's a ranking they enjoyed for a fourth straight year. In the capital Prague, the average price per square meter rose to €3,395 last year, far above regional peers such as Budapest and Bratislava.

Prague suggests status for states outside Eurozone

Czech Prime Minister Bohuslav Sobotka suggested Monday that EU members like his that do not use the euro currency be granted observer status to boost mutual trust in the bloc.

Of the 28 members of the European Union, 19 also belong to the eurozone. The rest -- Britain, Bulgaria, Croatia, the Czech Republic, Denmark, Hungary, Poland, Romania, and Sweden -- use their own currency.