The percentage of Czechs with a university education has increased significantly over the past 10 years, data by the statistical office (ČSÚ) shows, Radio Praha reports. Last year, roughly 20 per cent of Czechs had a university degree, up from 12.1 per cent in 2007. Meanwhile, many Czech universities continue to accept applicants in some fields, particularly in technical disciplines, but also some philosophical, theological or natural sciences.

The film production in the Czech Republic directly and indirectly produces sales of over CZK 104 billion, ie 1.1% of GDP. Those are findings of the newest Deloitte analysis Films and Games – Entertainment in Czechia from the Economic Point of View. In the Czech Republic, mainly foreign films (55% of overall production) and adverts (31%) are made, Czech films taking the third place (14%).

In mid-July, I had the privilege of participating in a discussion on dividends, sector taxes, and, ultimately, economic strategy with some influential and interesting economic policymakers, including Josef Stredula of the Unions, Karel Havlicek of Association of Small Businesses, and Radek Spicar of the Confederation of Industry. Everyone at the table deals with these issues daily, and do not agree on many details. This can sometimes lead to the conclusion that they agree on nothing. That is not true. In such a situation, sometimes it is necessary to widen the angle of the lens and, once you see the wider landscape, you can refocus.

First half of this year was marked by rising interest rates and trade wars: The source of increased volatility on the global equity markets was the US. Starting with speculations about rising interest rates and ending with protracted disputes of trade policies between the US and the rest of the world.