Wednesday, 21 October 2020


Solar energy investors claim government exaggerates impact on prices

Bloomberg |
4 November 2010

The government is exaggerating how much solar energy subsidies will inflate power prices, according to a study for industry developers that criticizes a new law limiting support.

Opposition vows to veto spending cuts after winning Senate control

Bloomberg |
25 October 2010

The Social Democrats vowed to veto cuts in welfare programs after securing a Senate majority in weekend elections, potentially delaying Prime Minister Petr Nečas's drive to narrow the budget deficit. The ČSSD won 12 races in run-off contests 22-23 October, giving them 41 seats in the 81-member Senate. The chamber, which must approve all legislation except the budget, had been controlled by Nečas's three-party coalition.

Czech carbon taxes, auctions are 'negative' for ČEZ, Unipetrol in Prague

Bloomberg |
22 October 2010

Czech energy companies are poised to incur additional costs after the government announced it will tax carbon-dioxide emissions starting next year.

Czech interest rates are 'unsustainable' in long term, central banker says

Bloomberg |
22 October 2010

Current Czech interest-rate settings are "unsustainable" in the long term because they were set for an "extraordinary situation", central bank Vice Governor Mojmír Hampl said.

Czechs vote in 'referendum' on austerity that may weaken cabinet stability

Bloomberg |
15 October 2010

Prime Minister Petr Nečas's three-month-old government may be weakened by municipal and Senate elections that begin today amid growing anger over spending cuts.

Czech exchange falls behind Poland after missing 'IPO train'

Bloomberg |
7 October 2010

Prague hasn't had an IPO since 2008 as trading volume dropped 53% during the past two years.

Energetický asks Polish regulator for permission to bid for Enea 51% stake

Bloomberg |
5 October 2010

Energetický a Průmyslový Holding AS of the Czech Republic filed a request with the Polish antitrust regulator for permission to buy Enea SA, Poland's third-largest power group, the watchdog said on its website.

Penta likely to sell Fortuna gaming co. on market, people say

Bloomberg |
27 September 2010

Penta Investments, a Czech and Slovak investment company, is nearing a decision to sell shares in its betting chain Fortuna, two people with the knowledge of the transaction said.

Central bankers voted 6-1 to leave rates unchanged; risks balanced

Bloomberg |
24 September 2010

The central bank kept its benchmark interest rate unchanged at a record low as one board member cast the first vote for an increase following two years of policy loosening.

Central bank board may begin interest rate-increase debate tomorrow

Bloomberg |
23 September 2010

The central bank may discuss tomorrow whether to move forward interest-rate increases after two board members suggested a tightening of monetary policy is needed earlier than forecast.

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