The Czech government has moved to address one of the frequent woes of foreign tourists in the Czech Republic –losing money in a disadvantageous exchange rate transaction. Under the approved amendment to the Foreign Exchange Act, multiple exchange rates will no longer be allowed and clients will be able to withdraw from a disadvantageous transaction within two hours of making it.
It’s almost a year to the day since the Czech Republic finally moved to ban smoking in bars, cafes, and restaurants. And while the ban is still a live issue with sporadic attempts to change the law, a survey commissioned by Charles University shows support is still strong among Czechs and suggests that there are a lot of myths about its impact.
The Czech Republic has the lowest jobless rate in the European Union with vacancies now outstripping the registered unemployed. But moves to attract workers from Ukraine are being hampered by red tape. That sparked a lightning visit last week by the Czech labour minister and a raft of reforms are now promised.