Prague, April 14, 2022 - The belief that the post-pandemic world will be a positive one for consumers has been hit in recent months by growing economic uncertainty, which has in turn reduced consumer confidence in a better future, according to the latest EY Future Consumer Index. In the Czech Republic, this will be reflected in a significant drop in sales of consumer goods as well as changes in travel and dietary patterns.

The Campus Advisor has recently published an article ranking the top thirty most student-friendly cities in the world. According to the survey, Prague is in seventh place, with an overall score of 4.40 out of 5. What makes a city attractive to international students? The survey scored university cities on six criteria: Student Friendliness (4.74), Public Transport (4.53), Cost of Living (3.90), Amenities (4.22), Nightlife (4.61), and Safety (4.43). 

The European Union Green Deal, adopted in December 2019, is the EU’s ambitious and comprehensive blueprint to become the first climate neutral continent. It will fundamentally transform the European economy and has far-reaching implications for European businesses. Most of businesses that PwC surveyed are unprepared for the Green Deal and lack a comprehensive strategy to respond to its implications.

Due to the ongoing conflict in Ukraine, international sanctions have been imposed on the Russian Federation in recent weeks. International sanctions can be described as a set of restrictive measures designed to maintain or restore international peace and security. International sanctions can be issued, for example, on the level of the United Nations or the European Union. The key sanctioning provisions on the EU level are then issued in the form of a Council Decision or EU Council Regulation and are gradually supplemented with new measures. Both of these forms of European legislation are directly legally binding for all Member States and contain several forms of sanctions regimes against the Russian Federation.