The Passerinvest Group, an investment and development company whose flagship project is Prague’s BB Centrum (Brumlovka), has begun the construction of the new Roztyly Plaza office building. The building, with a total area of 23,000 m² from the workshop of the architect studio Aulík Fišer architekti, is going up right by the Roztyly metro station (C line) in Prague 11. Apart from the office function, the project also offers a public P+R parking lot and several retail units, which will significantly expand the local civic amenities.

CERGE-EI celebrates its 30th anniversary this year. What was the main need or impulse that led to the founding of the postgraduate economic education institute in the Czech Republic? What were the main challenges? How has the institute changed in the three decades of its existence? CERGE-EI co-founder Jan Švejnar looks back in a vlog.

In general, the Income Taxes Act provides taxpayers with an option to suspend tax depreciation of assets or not to utilise it at all. Thus, the utilisation of tax depreciation in the tax base is an alternative, not an obligation for the taxpayer, abstracting from special ways of asset depreciation or special taxpayer treatments, e.g. in the case of investment incentive recipients.

In October, inflation rose again above the expectations of most analysts and the Czech National Bank. The main driver is the cost of housing. Year-on-year core inflation rose above 6%. In December, we expect the CNB's repo rate to increase to 3.25%.