Saturday, 11 July 2020


Billionaire finance minister questions Czech cabinet's fate

Bloomberg |
1 March 2016

Billionaire Czech Finance Minister Andrej Babis questioned the future of the ruling coalition on Monday because of a disagreement over draft laws, including one that may force him to surrender control of his companies, news website reported. Babis, the Czech Republic's second-richest person with assets including chemical, agriculture, and media businesses, condemned the approach by the coalition's other two parties as "treachery" and accused them of teaming up with the opposition against him.

The only European bank resisting the bear market Is Czech

Bloomberg |
12 February 2016

Komercni Banka, the Czech unit of France's Societe Generale, is benefiting from the central European country's booming economy, one of Europe's strongest capital buffers and an increased dividend payout target.

Europe has six weeks to stop Schengen collapse, Czech envoy says

Bloomberg |
12 February 2016

The European Union has, at most, six weeks to stem the flow of migrants arriving on its shores via Turkey before it will be forced to abandon its internal borderless travel zone, according to the Czech envoy to the bloc.

You can buy a Czech castle for USD 13,000

Bloomberg |
4 February 2016

The Libějovice chateau looks like something out of a 19th century romantic novel: an elegant, mustard-hued Renaissance palace with tall windows and elaborate balcony railings bearing the noble Schwarzenberg family's coat of arms. Natalia Makovik will sell it to you for less than the price of some Manhattan studio apartments.

Emerging world's safe haven from Fed puts Czech policy on edge

Bloomberg |
16 December 2015

Not even the prospect of higher U.S. interest rates is helping the Czech central bank's drive to rein in the nation's currency.

O2 CR jumps to 15-year high on MSCI index membership

Bloomberg |
16 November 2015

O2 Czech Republic AS jumped to the highest price in 15 years as the phone and Internet company's forthcoming addition to MSCI Inc.'s index drove demand from investors tracking the equity benchmark.

After SAB proposal, InBev still yearns for Czech runaway bride

Bloomberg |
13 November 2015

Anheuser-Busch InBev NV may have finalized its USD 107 billion marriage proposal to SABMiller Plc, but the giant brewer has never stopped thinking about the one that got away.

O2 Czech to pay higher dividend, plans debt to fund buyback

Bloomberg |
20 October 2015

O2 Czech Republic AS, controlled by billionaire Petr Kellner, will use rebounding profits to boost dividend payments and plans to increase its debt load to finance a share buyback.

Czech economy grows faster than reported, most since 2007

Bloomberg |
1 October 2015

The Czech economy grew faster than previously reported in the second quarter, expanding the most since 2007 in the midst of a loose monetary policy campaign by the central bank that limits gains in the nation’s currency.

Czech inflation slows as policy makers ponder stimulus span

Bloomberg |
10 September 2015

Czech inflation slowed for a second month in August as falling commodity prices continued to hamper the central bank's efforts to lift price growth with non-conventional tools.

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