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In response to unfair practices of exchange offices, during which tourists were robbed, a proposal for an amendment to the Act on Foreign Exchange Activities was created in May 2018. The amendment comes into force on 1 April 2019. Some exchange offices, especially in the city centre of Prague, were …

The tax burden in the Czech Republic is above the OECD average, reaching 34.9 percent of the country’s gross domestic product (GDP). The Czech Republic is ranked ninth, following eighth-placed Germany. The average tax burden in the OECD countries is 34.2 percent of GDP. This is the highest number one …

Excursions to the world’s metropolises have not lost their attractiveness in 2018. Tourists are expected to travel 1.4 billion journeys to the world’s metropolises this year. This year´s twenty of the most popular cities in the world have included Prague. Even the capital recorded a year-on-year rise in foreign visitors …

From December 10, 2018, the parking zone system is in more streets of Prague 6. New streets that are included are in Břevnov, Hanspaulka, Ořechovka, Petynce, Podbaba, Veleslavín and Na Větrník. Most spaces are reserved for residents in particular. The reason why the zones are new in other places is …

The individual proposals first and foremost undergo a complex examination of how much their creation would relieve the surface transport, and whether the multi-billion investment would ever pay off. “We will not wait for metro D to be finished. The Institute for Planning and Development of Prague (IPR) will be …

There will be a period of up to two hours people when people should be able to withdraw from the transaction after exchanging money in an exchange office. The motion against rogue bureaucrats with unfavorable rates on Wednesday was approved by the government in resignation. Some time ago, the cabinet …

The Czech National Bank has decided to withdraw the authorization of Chequepoint for bailiff activity. She also ordered her to pay a fine of 1.2 million crowns. The reason was a repeated violation of the legal obligations related to the execution of the exchange activity, the CNB said on Monday. …

Owners of hybrid cars will be able to park in paid areas in Prague for 100 crowns a year, as is the case with electromobiles. The reason is the city’s efforts to improve air quality. Cars will have to meet three conditions, including the maximum age of the car. It …

Finland is the happiest country in the world. It is stated in a report that is made by UN every year. In the chart, rating 156 countries in the world according to a so-called index of happiness Finland has claimed the first position that belonged to Norway last year. The …

For quite some time it has been known how the exchange offices in downtown Prague rip off tourists. Sometimes they get as little as 15 Czech crowns for 1 euro. The political movement STAN wants to prevent such practices. They prepared an amendment to the law on exchange activities that …