Prime Minister Andrej Babiš hopes that Toyota will expand its investment in the Czech Republic and start manufacturing hydrogen powered cars in its factory in Kolín, Hospodářské Noviny reported on Thursday. The car manufacturer is a world leader in alternative fuel automobile technology and is considering increasing its production in mainland Europe in case of Brexit complications.
Prague City Hall councillors have voted to terminate a memorandum of cooperation with shared e-scooter operator Lime on the grounds that the company is not adhering to the agreed-on conditions. While the termination of the memorandum will not affect the rent of scooters in Prague’s streets, it is a warning to the company that City Hall is unhappy with the present state of affairs.
The Czech Republic has dropped by three positions to 32nd place in the World Economic Forum’s 2019 Global Competitiveness Report. Despite that, Czechia remains the most competitive economy in Central Europe, suggests the rating. It finished behind Estonia, but ahead of the other Visegard Four countries, Poland, Slovakia, and Hungary.
The Czech Republic is now ahead of Spain in terms of GDP per capita adjusted to purchasing power parity (PPP). At least according to the latest OECD data, which show the country ranked 27th among the organisation’s 36 member states, with Spain one place behind, news site Aktuálně reports. However, the country still ranks bellow the EU average.