Saturday, 11 July 2020


Italian woes fail to deter Czech businesses embracing euro

Bloomberg |
1 June 2018

The Italian political turmoil testing the strength of the euro area isn't denting Czech businesses' enthusiasm for joining the monetary union.

Billionaire's quest for power tests strength of Czech democracy

Bloomberg |
12 April 2018

A Czech billionaire's ambition may decide whether his nation remains anchored to European democratic values or slides into the ranks of countries embracing an increasingly euroskeptic, illiberal model.

Czech tycoon earmarks USD 1.2 billion to buy Europe's old coal

Bloomberg |
16 March 2018

Czech energy magnate Pavel Tykač is ready to spend 1 billion euros of his own cash on aging coal and gas-fired power plants across Europe. He's betting the dirty generators will be needed for decades to supplement the green power that's taking a bigger role at utilities from Germany to Britain.

Czechs look to fix lost highway decades with new road boom

Bloomberg |
13 March 2018

As the European Union's richest eastern nation, the Czech Republic has pulled ahead of both new and older members in a range of economic categories. Speed of travel isn't one of them.

Czech PM backtracks on plan to win extremist party support

Bloomberg |
8 February 2018

Czech billionaire Prime Minister Andrej Babiš said he won't rely on backing from an extremist anti-Muslim party as he continues in talks to secure support for his government more than three months after winning elections.

Czech extremist party joins regional push to curb Soros NGOs

Bloomberg |
31 January 2018

A Czech anti-immigrant party accused financier George Soros of imposing "supranational governance" on the country, joining a surge of politicians calling for a crackdown on non-governmental organizations in ex-communist Europe.

World's best currency still too good to rush Czech rate hikes

Bloomberg |
22 December 2017

The world's best-performing currency wobbled a bit, but it wasn't enough to persuade the Czech central bank to bring forward increases in borrowing costs.

Future Czech PM Babiš calls for 'massive' state investment

Bloomberg |
6 December 2017

The Czech Republic, home to the European Union's tightest fiscal policy, must significantly increase state spending on infrastructure projects, billionaire Andrej Babis said, after pledges of budgetary prudence helped his party win October elections.

New Czech hike to set the pace for European rate rises

Bloomberg |
2 November 2017

Czech policy makers are set to raise borrowing costs for the second time this year and outline the pace of further monetary tightening to counter inflation pressures in one of Europe's fastest-growing economies.

Central bank's Holub: Czech economy needs higher rates

Bloomberg |
19 October 2017

The Czech koruna's slow appreciation is paving the way for policy makers to raise interest rates faster than forecast because the currency isn't delivering the monetary tightening the economy needs, the central bank's chief economist said.

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