I am a macroeconomic forecaster and economist. I spent seven years at the European Central Bank and later worked at the European Commission and European Parliament. In my work, I focused on macroeconomic forecasting, financial markets, banking, public finances and European economic policy.
Economic analysis and international comparisons repeatedly showed me that Czechia is moving away from Europe’s most successful economies on a number of indicators. In my own analysis, I work with statistical data to explain clearly where Czechia is falling behind, why, and what follows from the data.
My long-term goal is to use the experience I gained abroad to help Czechia move closer again to Europe’s most successful economies in living standards and economic performance.
According to the comparison, a 100 m² apartment in Czechia costs 297 monthly salaries. Saving half of that same monthly income would take approximately 50 years to accumulate the purchase price.
Most well-known Czech banks have foreign owners. Domestic capital has a smaller presence in the banking market; major banks with Czech ownership include Fio and part of MONETA Money Bank’s shareholder structure.
Pilsner Urquell, Kozel, Gambrinus and Radegast belong to Asahi; Staropramen and Braník to Molson Coors; and Krušovice and Starobrno to Heineken. Budvar remains state-owned and Svijany Czech-owned.
Prices in Olomouc are almost at Brussels levels, Brno is more expensive than Madrid and Pisárky is similar to Prague. In Prague 1, prices exceed CZK 200,000 per m².
Almost 60% of Czech government debt is held by banks, insurers and funds, while more than a third is held by foreign investors. Debt-servicing costs rose from CZK 42 billion to CZK 88 billion.
Since 2000, wages have more than tripled, while property prices in Prague have risen almost sixfold. Housing has therefore become significantly less affordable.
The SEC documented at least 4,283 corrupt payments by Siemens worth about $1.4 billion. In Germany, foreign bribes were also tax-deductible under certain conditions until the end of the 1990s.
Czechia combines high returns on foreign capital, an exceptionally large industrial share of employment and a substantial outflow of income from foreign direct investment.
According to Ministry of Finance statistics, Czech government debt has increased by CZK 1.4 trillion since December 2021. The video compares debt developments under ANO and SPOLU governments.
Prague has consistently had the highest average wage in Czechia. Every other region remains below the national average, and two-thirds of employees earn less than the average wage.
Measured by GDP per capita adjusted for purchasing power, Prague is the fourth-richest region in the EU, while the other Czech regions rank much lower.
According to the OECD, Czech living standards fell by 9.6% from 2021, bringing real incomes back to roughly their 2019 level. Developments also differed sharply across regions.
Research on capital buffers and bank lending to which I contributed while working at the European Central Bank.
Research on the relationship between bank capital and the supply of corporate credit.
I prepared official European Commission forecasts between 2022 and 2025.
I contributed to macroeconomic surveillance and the analysis of imbalances in the Slovak economy.
On this website, I connect my experience from European institutions with my own data-driven analysis of the Czech economy. I focus in particular on how Czechia compares with Europe’s most successful economies and what these comparisons reveal about its economic development.
I want to contribute to the public debate on the Czech economy through data, international comparison and clear interpretation of economic developments.
