Thursday, 6 August 2020


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.

Miners march in Prague to demand looser environmental limits

Bloomberg |
30 January 2015

Coal miners from northern Czech Republic took to the streets of Prague to urge the government to scrap environmental limits on open-pit mining. Several hundred miners marched in front of the Industry and Trade Ministry on Thursday, carrying banners with slogans such as "Czech coal or Putin's gas?" and "Don't take our job! You don't have alternatives for us."

Franc shock ends Swiss role model status for Czech policy makers

Bloomberg |
29 January 2015

Policy makers in Prague cited Switzerland as inspiration when they imposed a cap on gains for the koruna in November, 2013. Any further influence ended when the Swiss National Bank abandoned its limit on the franc this month, rocking currency markets and triggering billions of dollars in losses for investors.

Czech inflation nears zero on oil as central bank watches koruna

Bloomberg |
12 January 2015

Falling oil pushed Czech consumer price growth to near zero in December, adding to deflationary pressure that's hampering the central bank's efforts to lift inflation toward its target band.

O2 Czech falls as breakup plan boosts dividend cut speculation

Bloomberg |
8 January 2015

O2 Czech Republic AS fell as a plan to break up its operations boosted speculation the country’s biggest telecommunications company may sell some assets and cut dividends.

O2 Czech may move telecommunication infrastructure to new unit

Bloomberg |
7 January 2015

O2 Czech Republic AS, the country's biggest telecommunications provider, is considering moving its fixed and mobile infrastructure into a separate company.

Prague man in critical condition after self immolation

Bloomberg |
18 December 2014

A 56-year-old Czech man was in critical condition after setting himself on fire at Wenceslas Square in the center of Prague, according to the city's Emergency Medical Service.

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