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.
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.
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.
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