Wednesday, 21 October 2020

Czech leader vows more pressure on foreign investors over wages

Bloomberg |
19 April 2017

Foreign owners of Czech businesses will face more government pressure to raise wages, Prime Minister Bohuslav Sobotka said, highlighting a key campaign theme for fall elections. Salaries in the richest ex-communist European Union member are still too low and represent a "serious problem" for the economy, the premier said after meeting with union leaders in Prague on Tuesday.