Morning News: Thursday, March 9, 2023

  • The average mortgage rate in Czechia fell to 6.27 percent in March from 6.37 percent in February, according to market tracker Fincentre Hypoindex. Experts say the reduction in rates is the result of competition between banks as a new building season approaches.


  • A planned movie about Prague writer Franz Kafka has received the most in an annual allocation of state funding by the Czech Film Fund. Franz by Oscar-winning Polish director Agniezska Holland is getting CZK 22 million of the total of almost CZK 61 million to be distributed, a spokesperson said on Wednesday.


  • Unemployment in Czechia remained at 3.9 percent in February, according to data released by the Czech Labour Office on Wednesday. The country’s labour offices registered over 282,500 job seekers last month, some 550 fewer than in the previous month


  • The Czech National Cyber and Information Security Agency (NUKIB) today issued a warning over the installation and use of the Chinese application TikTok. The agency described the app as a security threat and said the public should think twice before using it due to its data collection.


  • A horse, which reportedly belongs to the Chechen leader Ramzan Kadyrov, has been stolen from a stud farm in Krabčice near Roudnice nad Labem. The English thoroughbred, whose value is estimated at around CZK 400,000, disappeared during the night from Friday to Saturday.

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