The net financial assets of Czechs are two and a half times higher than Slovaks. In the global rankings, Czechs improved their position last year by two places to 26th place.
The growth of Czech households´ financial assets reached 4.4 percent in 2017, compared to 6.8 percent in 2016. The average net wealth per capita was EUR 15,290 in the Czech Republic last year, which is about CZK 390,000 according to the current exchange rate.
In Slovakia, the average wealth per capita was about 2.5 times less than in the Czech Republic last year. The wealth of average Poles in the year 2017 amounted to 211,000 koruna. The difference between former Western and Eastern Europe is still considerable, German-speaking neighbors are financially about 3.5 times better than the Czechs.
Czech economy to grow faster this year as the EC estimates growth at 3.9 percent
Hungary gives Czechia 41,000 doses of Pfizer vaccine
Szijjártó hands over the supply at the vaccination center
Czechia’s economic level surpasses Spain
Czechia to rise to 88 percent of the euro area average
The European Commission partially agrees with Czechia in the Turów mine dispute
Czechia may use the EC opinion in court
Eurostat: Czechia has one of the lowest debt levels in the EU
Czechia is set to have the fourth-best result in the EU
European Commission approves €5.2 billion in coronavirus aid to Czechia
Larger companies will obtain loans easier thanks to the EU aid
Czech president: Borders should be closed for a year over coronavirus
Czech President Miloš Zeman recommends people to enjoy the beauty of the Czech landscape
Countries across Europe call on citizens to work on farms after coronavirus shuts borders to migrants
UK, Germany, France, and the Czech Republic calls on their own citizens to plant crops and partake in vital harvests
Babis: Our future seems great
Marking the previous year as a successful one, Czech Prime Minister Andrej Babis expects this year to bring more great changes for the Czech Republic.
Online hate speech is punishable with jail time, warn police
One can commit a crime by using hate speech on social media, it is against the law to incite violence, express racism or approve of a crime, Czech police wrote on its Facebook page.
Adopting the euro will not help say economists
A debate erupts over whether adopting the euro will help the Czech Republic reach the economic level of Germany.
Queens of tennis
Even without their two top players, the Czech Republic retained its perfect record in the Fed Cup final by winning the trophy for the sixth time in eight years.