May 1 marks the official opening of the spa season in Czech Republic’s iconic Carlsbad, or Karlovy Vary as it is known locally, and the start of the high season. But the legendary town is already awash with tourists, almost all from Russia.
Gazprom aims to further divide the EU by offering a share of the spoils to CEE countries, but Brussels is finally facing up to the challenge.
For all its noted manufacturing and IT prowess, the Czech Republic still only boasts one unicorn company, Avast Software. However, another Czech startup with a valuation of over $1bn is appearing on the horizon – the online travel agency Kiwi.com.
The Czech Republic is looking to become a centre for additive manufacturing in CEE but experts warn there are numerous obstacles to overcome before it becomes more widespread in the region.
Debt issues came thick and fast in the first quarter of the year, and sovereigns have fulfilled large chunks of their full-year borrowing plans already.
Banks are having to pedal twice as hard just to keep momentum, but innovative players are developing new tailored solutions and products to meet the needs of clients.
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