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Czechs are one of the most honest nations in the world, at least according to a research called ‘Civic Honesty around the Globe’, published in the US magazine Science. The authors of the research, which cost some 600, 000 US dollars, examined the trade-off between honesty and self-interested using a unique field experiment.

A Czech court has for the first time recognised the right of Czech owners of Volkswagen cars to compensation linked to “Dieselgate”, an emissions scandal involving the German auto giant.

The costs of communal waste collection in the Czech capital could rise by 30 percent, at least according to a new decree prepared by Prague City Council. At the same time, councillors want to introduce the collection of bio-waste, which should be considerably cheaper. The move is part of a long-term effort to lower the amount of waste produced by citizens of the capital.

Plans were recently revealed for a major, and striking looking, development project that would transform part of Prague’s Žižkov district. However, a conservation group has now come out against the design, which is the work of the top Czech architect Eva Jiřičná.

An unknown individual has made headlines in the Czech Republic, after the country’s prime betting company, SAZKA, announced that the winner of a Europe-wide lottery’s billion-crown jackpot was Czech. His luck may be seen by some as two-fold, because the win came before the expected arrival of new legislation taxing lottery winners.

The Czech Republic’s economic growth is expected to continue at a rate of around 2.5 percent, the International Monetary Fund predicted in a press release on Thursday. Inflation is expected to go down and unemployment levels will rise. The head of the organisation also warned of the large impact that American tolls on European products would have on the Czech economy.

Prague is catching up with West European real estate markets, the daily e15 reports, citing a new survey released by PriceWaterhouseCooper and the Urban Land Institute, carried out among developers and investors. According to the 2019 report, Prague is one of the 20 most sought after cities in Europe for real estate purchases.

The prices of basic commodities in Czech shops continue to rise. According to data released by the Czech Statistics Office, consumer prices in May increased by 0.6 percent compared to April, driven mainly by higher prices of food, specifically fruit and vegetables.

Up to 25,000 people could be living in Prague 7‘s Bubny neighbourhood, at least according to a study commissioned by Prague City Hall, whose results were announced at a press conference of Tuesday.

The unemployment rate in the Czech Republic fell to a new low in May, at 2.6 percent down from 2.7 percent the previous month. The drop was in line with expectations and is attributed to seasonal work.