Czechs are paying less for electricity than a year ago, but it has not helped them in the European rankings. According to Eurostat, in the first half of 2026 Czech households paid €288.4 per megawatt-hour, including regulated charges and VA
The Czech Chamber of Deputies has backed a bill on an emergency tax on oil refineries in its first reading. Opposition proposals to reject the bill or send it back to the government failed, and the document will now go to the lower house's
Gas in Europe has become the most expensive in four years: on the key TTF exchange in the Netherlands, the next-month contract rose by about 2% and reached as high as €86.79 during trading. The fuel is getting more expensive because of the
Consumer prices in Czechia rose by 2.5% year on year in September, 0.6 percentage points faster than in August. According to the Czech Statistical Office, prices were unchanged from the previous month. The acceleration was driven mainly by
For big carriers in Czechia, the bus driver shortage is a thing of the past. “The time when there was a shortage of drivers is over,” Pavel Steiner, head of Umbrella Mobility, told Seznam Zprávy in an interview. The company runs long-distan
A Luxembourg court has issued two rulings that restrict the companies through which ČEZ owns the gas operator GasNet. This was reported by ČEZ itself. The rulings are linked to the Diag Human case, in which the company is demanding compensa
The European Union and China have agreed to limit imports of Chinese hybrid cars into Europe. According to EU trade commissioner Maroš Šefčovič, the deal runs for four years and could stop the import of “several million cars.” After two day
French President Emmanuel Macron said Paris and Berlin are finalising an agreement to protect Europe’s car industry. The deal could be announced within days or even hours, Paris says.The EU is preparing a package of measures to support loca
Maximum prices for petrol and diesel in Czechia continue to climb. On Tuesday petrol can be sold for up to 37 hellers more than in recent days, while the diesel cap is 69 hellers higher.The caps are announced by the Ministry of Finance in i
Robert Hall of Stanford University and Michael Woodford of Columbia University have won the 2026 Nobel economics prize for building models that help central banks and governments respond to economic shocks. The Royal Swedish Academy of Scie
The crisis in the German car industry is unprecedented, Špicar believes. After talks with managers at car plants in Stuttgart, he said he had not heard such pessimistic forecasts even once in recent years.Tariffs, China and expensive energy
US President Donald Trump announced on Friday that Russia has agreed to immediately supply 300,000 tonnes of diesel fuel to world markets. According to him, further shipments will follow: 500,000 tonnes during November, a million tonnes rig