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Real wages in Czechia are falling at fastest rate on record, analysis shows

Czechia is currently undergoing the sharpest drop in real wages in its independent history to date, as well as among the countries of the Organization for Economic Cooperation and Development (OECD). Compared to last year, Czechs will earn approximately 170 billion korunas (€7 billion) less this year, according to a report from Cyrrus. Analyst Vít […]
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