Monday, 28 September 2020


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.

How a Tokyo-born outsider became the face of Czech nationalism

Bloomberg |
19 October 2017

Tomio Okamura's background is about as multicultural as you can get. The son of a Czech mother and a Japanese-Korean father, he suffered racist bullying in Japan and the Czech Republic that was so severe he developed a stutter and wet his bed until the age of 14.

An investor's guide to the Czech elections

Bloomberg |
18 October 2017

With opinion polls showing billionaire Andrej Babiš as the most likely winner of the Czech parliamentary elections this weekend, investors are looking at which of the country's stocks may benefit or lose.

ČEZ can't fund new Czech reactors on its own, minister says

Bloomberg |
4 October 2017

Czech utility ČEZ can't invest billions of dollars in new nuclear reactors without government assistance, in spite of what the nation's prospective leader says, according to the government's industry minister.

New rift opens in Czech elections over cheap foreign labor

Bloomberg |
3 October 2017

A Czech ruling party opened a new front for this month's general elections by declaring that it wants to stop bringing in cheaper labor from eastern Europe, clashing with its biggest rival in the polls who's called for more such workers.

Who likes Europe? Czechs don't—and that's a big issue in October elections

Bloomberg |
6 September 2017

Since joining the European Union 13 years ago, the Czech Republic has become the richest country in the formerly communist east, with a higher living standard than older members Portugal and Greece and the lowest unemployment in the 28-member bloc. Families travel freely, students study abroad, and businesses thrive by exporting to other EU countries. And yet Czechs are less excited than any other European nation about being part of the club.

Czech producer buffs up Bohemian glass industry with focus on design

Bloomberg |
25 August 2017

Verreum has hired international artists to breathe new life into the business.

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