On Tuesday, the Chamber of Deputies approved the first draft amendment to the State Budget Act for 2020, which now expects a deficit of CZK 200 billion (up from CZK 40 billion). Ministry of Defence needs to reduce its spending by nearly three billion crowns. This slows the already slow increase in expenditure in relation to GDP. …
The leading special manufacturing companies of the Czechoslovak Group (CSG) have taken sanitary and safety measures in connection with the pandemic of the new type of coronavirus in accordance with the Government emergency declaration and adapted production to the emergency situation. The Šternberg company Excalibur Army and the …
On Tuesday, Prime Minister Andrej Babiš announced at the press conference that Czech military acquisitions are under threat by austerity measures due to the ongoing COVID-19 pandemic. For the Army, such a message is certainly extremely unpleasant, but at the same time expected. The Prime Minister explicitly mentioned the acquisition …
Czech Republic is in quarantine. The Government proclaimed it with effect from midnight from Sunday to Monday and until 24th March, 6 a.m. Quarantine means ban on free movement throughout the Czech Republic, with the exception of going to work or conducting business, and several other exceptions. Currently there are 298 cases of …