According to the latest Local Development Ministry data mortgage banks on the Czech market granted 83,344 new mortgage loans worth over Kc142bn to individuals in 2007. In Prague alone, mortgage banks … [Read more...]
2007 was a top year for mortgage banks
2007 showed a record 50% growth in newly provided mortgage loans in the Czech Republic. Ceska sporitelna and Hypotecni banka, the largest mortgage banks on the Czech market, together lent over Kc85bn … [Read more...]
Filed Under: Property in Prague - January 10, 2008
Czech crown firms through CZK26.00/EUR for first time ever
Prague - The Czech crown this morning broke through the Kc26.00/EUR level for the first time ever and at one point traded at Kc25.97/EUR, following the publication of November inflation data, the … [Read more...]
Filed Under: Hotels in Prague, Property in Prague - December 10, 2007
Czech Senate approves higher tax revenues for municipalities
The Czech Senate almost unanimously approved an amendment to the law on the budget's tax allocation, according to which municipalities will get additional 4.6 billion crowns from tax revenues next … [Read more...]
Filed Under: Hotels in Prague, Property in Prague - December 6, 2007
This Prague Site
I write web sites, all day most days of the week, and I have taken a while to decide on a large project - this is it. I think it will take at least one year for this site to appear in the front page … [Read more...]
Filed Under: Hotels in Prague, Property in Prague - December 2, 2007