PECOB Portal on Central Eastern
and Balkan Europe
by IECOB & AIS Università di Bologna

Saturday April 17, 2021

published & web resources

This area gives access to a large collection of news resources, both printed and online, and offers information about academic journals, scholarly publications and books

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European Regional Master's Degree in Democracy and Human Rights in South East Europe

Czech Republic quick news

Read updated news from the main English language online resources dealing with the Czech Republic

News from the Prague Monitor

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Czechs pay more for electricity than anyone else in Europe

People in the Czech Republic have been paying more for electricity than citizens of any other country in Europe, according to a new report from Eurostat. As Yookee reports, Germans, for example, are paying 37% less for electricity than the average Czech. “After accommodating for the purchasing power of each currency to allow for country-to-country comparisons, this is by the highest price in all of Europe. This is almost one-fifth more expensive, after conversion according to purchasing power parity of the local currency, than the second-highest electricity price in the E.U,” said Lukáš Kovanda, chief economist from Trinty Bank. According to the Eurostat data, the average Czech household was paying about 4.66 CZK per kilowatt-hour last year, and consumed between The post Czechs pay more for electricity than anyone else in Europe appeared first on Prague Monitor / Czech News in English.

15/04/21 19:08

Czechs still lose savings due to lack of financial education

A quarter of Czechs still leave their savings susceptible to the inflation process by securing them in cash. However, they are interested in making new investments, according to the Generali Investments CEE research. Cash savings are a preferred choice for a tenth of participants, especially for those with basic education. 14 percent of the respondents prefer keeping savings in a bank account. “More than a fifth of Czechs have over 100,000 crowns in cash or in a bank account. Their savings are also subject to inflation and lose value in real terms. For example, last year, people who saved their money that way suffered a loss of up to 3.2 percent in value due to inflation and insufficient financial literacy The post Czechs still lose savings due to lack of financial education appeared first on Prague Monitor / Czech News in English.

15/04/21 19:08

IFF Prague – Febiofest forms part of the new Association of Czech Film Festivals

The International Film Festival Prague – Febiofest and six other major Czech film festivals – Anifilm Liberec, Finále Plzeň, One World, Summer Film School Uherské Hradiště, Jihlava IDFF and Zlín Film Festival – have come together to create the Association of Czech Film Festivals. This organization should enable festivals to efficiently solve the long-term problems facing the film festival scene, which have only intensified due to the complicated pandemic situation in the Czech Republic. “I am very happy we have co-created an organization for film festivals which will also welcome other festivals as associate members. It is time we established a new, modern, professional system for financing film culture in the Czech Republic. Film festivals, who by bringing the best, The post IFF Prague – Febiofest forms part of the new Association of Czech Film Festivals appeared first on Prague Monitor / Czech News in English.

15/04/21 19:08