Despite record 2020 deficit, Czech outlook rosier than most in coming years
7 January 2021
Prior to the Covid-19 pandemic, the Czech economy was enjoying greater economic growth than most of its European Union peers,... more
The number of marriages and divorces dropped significantly in the Czech Republic this spring, data released on Friday by the Czech Statistical Office show, as the coronavirus epidemic and related restrictions disrupted people’s life plans.
The Czech Republic was in a declared state of emergency from 12 March to 17 May. At the time of the imposed restrictions, only small weddings could take place and guests were required to wear veils. Restaurants that would normally host receptions were also closed for several weeks, and the functioning of offices or courts was limited.
As a result, March saw the fewest marriages for that month in more than 100 years. From April to June, there were about half as many weddings in annual terms. According to an estimate by of Trinity Bank chief economist Lukáš Kovanda, a member of the National Economic Council of the Government (NERV), the “wedding industry” has lost some 1.23 billion crowns in revenue due to the coronavirus.
Prior to the Covid-19 pandemic, the Czech economy was enjoying greater economic growth than most of its European Union peers,... more
Year-on-year growth in Czech property prices in the first quarter of 2020 rose to 9.5 percent compared to 8.9 percent... more
Lukáš Kovanda, Ph.D., je český ekonom a autor ekonomické literatury. Působí jako hlavní ekonom Trinity Bank. Analyzuje a komentuje makroekonomická témata, investice i nové fenomény typu sdílené ekonomiky, kryptoměn či fintechu. Přednáší na Národohospodářské fakultě Vysoké školy ekonomické v Praze.
Je členem vědeckého grémia České bankovní asociace.