Competitiveness
This section feature research, opinion and progress reports on how the Czech Republic compares to other EU countries economically. It includes analysis of international rankings such as the WEF and World Bank.
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Spotlight issue
Financial health of Czechs is threatened mainly by high energy prices, payments for energy burden Czech households' budgets almost the most in the EU
In the area of financial health, the Czech Republic ranked 13th in the EU comparison. Despite the fact that Czechs save on average about a fifth of their wages, over 60% of low-income households in our country have no financial reserves.The high energy costs, which rank us 3rd worst in the EU, are also a barrier to a better ranking. Moreover, the energy and inflation crisis is worsening the situation. This is according to the eighth pillar of the Czech Prosperity Index, which analyses 10 socio-economic indicators comparing the Czech Republic with other EU members.
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Prague Airport Continues to Reduce Emissions Adding 15 Electromobiles in Its Fleet
Pursuing its sustainable development strategy, Prague Airport has long been striving to reduce its carbon footprint, by using electric cars alongside other things. As many as fifteen electromobiles were thus added to the airport fleet this week, and the number is to be matched again next year. Of this year's fifteen vehicles, five are intended for carsharing, the rest will be used in various airport operational departments. Another Nissan electric car has been used at the airport in the baggage sorting area for four years.
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Citi celebrated 30 years of doing business in Czechia
Citi celebrated 30 years of doing business in Czechia last week. The bank was the first stop on the drive down Evropa from Letiste Airport for many investors, and finances many of the deals that transform the economy today, and will play a big role in reconstructing ukraine and building an integrated European market. We are glad to have their local and regional leader, Munir Nanji, sitting on our board.
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