Tuesday, 20 October 2020


O2 Czech more than doubles quarterly profit on cost reductions

Bloomberg |
14 May 2015

O2 Czech Republic AS’s first-quarter profit more than doubled as the company cut costs before a planned partition of the business designed to further boost earnings.

LN: Czech rate setter Rusnok veers from Zeman on koruna

Bloomberg |
22 April 2015

Czech central banker Jiří Rusnok, the Czech president's top pick to lead the monetary authority next year, disagreed with his ally's view that a cap limiting koruna gains has delayed potential euro adoption.

ČEZ finance chief says euro switch would aid Czech companies

Bloomberg |
25 March 2015

Czech companies would benefit if the country switched to the euro as it would simplify trade and cut costs, said Martin Novák, the chief financial officer at power utility ČEZ.

Czech koruna gaining toward cap as central bank ready to step in

Bloomberg |
18 March 2015

The Czech koruna gained to a 16-month high as CSOB AS analysts said investors may test the central bank's resolve to defend its limit at 27 per euro with interventions.

VW's Škoda unit urges Czech euro adoption when Greek crisis ebbs

Bloomberg |
17 March 2015

The Czech Republic will benefit from adopting the euro and should join the monetary union after the Greek debt crisis calms down, the head of Volkswagen AG's unit, Škoda Auto AS, said.

Czechs prefer koruna cap drop in one move, Holub says

Bloomberg |
12 March 2015

The Czech central bank is studying two methods of exiting its weak-koruna regime, with the ideal option being to ditch it in one move and stand ready to intervene against abrupt appreciation, the bank's chief forecaster said.

Czech prices rise in February, defying deflation forecasts

Bloomberg |
10 March 2015

Czech consumer prices rose in February, defying forecasts that the economy would slide into deflation for the first time since 2009 as the central bank defends its weak-koruna policy.

Czech economy slipped into deflation in February, survey shows

Bloomberg |
9 March 2015

Falling oil prices probably pushed the Czech economy into its first case of deflation since 2009, reinforcing a weak-koruna policy at the central bank that is under attack from President Milos Zeman.

O2 Czech sinks most since 2008 as spinoff seen hurting dividends

Bloomberg |
3 March 2015

O2 Czech Republic AS slumped the most since 2008 on mounting concern the telecommunication's company's plan to spin off part of its business will reduce dividends.

Czechs delay currency cap exit as ECB plan clouds outlook

Bloomberg |
6 February 2015

The Czech central bank maintained near-zero borrowing costs and delayed an exit from its policy of capping koruna gains, blaming euro-area quantitative easing for obscuring the nation’s inflation outlook.

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