The parties of the coalition government are at odds over the draft budget for 2020. The Social Democrats, the junior partner in the ruling coalition, have demanded an additional 20 billion crowns for their ministries. Prime Minister Andrej Babiš on Wednesday ridiculed the demand, saying the Social Democrats have spending in their genes.
The market with prefabricated wooden houses in the Czech Republic is experiencing a major boom, the website ihned.cz reports. While ten years ago, there were around one thousand prefabricated wooden houses built in the country, last year it was nearly three thousand. “Over the past year, the demand has grown by one fifth,” Martin Fojtíko of the company Bidli, which specializes in low-energy wooden buildings, told the website.
The Austrian company Kapsch has filed another lawsuit against the Office for the Protection of Competition. It accuses the agency of inaction in ignoring a court ruling under which it was ordered to re-examine Kapsch’s objections to the terms of a tender to operate the tolling system on Czech motorways.
The price of flats in Prague has gotten cheaper by 0.3 percent according to data for the past three months, the first drop since 2011, according to the Czech Statistics Agency. However, experts say they do not expect any sharp decrease or increase. Meanwhile, prices for flats outside Prague continue to grow, Czech Radio’s news site iRozhlas reports.
The Czech Republic is under pressure from the EU to have more renewable and efficient resources in its energy mix. While companies are open to photovoltaic subsidies, the country cannot keep up with demand and is reluctant to write further calls, the news server iDnes.cz writes. What’s more, the program is complex; many smaller players would rather use photovoltaics without funding.
During the first half of 2019, the Czech Republic registered a three year low in the amount of new companies being set up, data from the website Bisnode shows. A record amount of businesses, 7964, was also shut-down during the same measured period. Overall, the number of companies registered in the country grew to just under 450,000.