Wednesday, 16 September 2020


Czech stocks rise to 7-month high as China acts on Europe crisis

Bloomberg |
22 December 2010

The Czech Republic's benchmark stock index rallied to its highest in more than seven months, led by banks, as China said it has taken steps to help Europe limit its debt crisis, boosting demand for riskier assets.

Central banker sees stable rates in most of 2011, E15 says

Bloomberg |
14 December 2010

Czech interest rates will probably remain stable for "a majority" of 2011, central bank Vice Governor Vladimír Tomšík said in an interview with newspaper e15.

Policy maker Holman sees earlier interest rate increase on growth

Bloomberg |
13 December 2010

Czech policy maker Robert Holman expects the central bank to start increasing interest rates earlier than suggested in its outlook as the economy will probably grow faster than forecast.

Czech GDP growth accelerates to fastest in 9 quarters

Bloomberg |
10 December 2010

The Czech economy grew at the fastest pace in nine quarters in the three months through September on rising household spending, investment and restocking of inventories. Gross domestic product rose an annual 2.8%, less than the preliminary 3% expansion released in the flash estimate on 12 November, the statistics office in Prague said on its website Thursday.

Czech stocks extend biggest monthly drop since June; banks fall

Bloomberg |
1 December 2010

Czech stocks fell for a third day, extending their biggest monthly selloff since June, as Erste Group Bank and Komerční Bank declined more than 1%.

UniCredit bets on ČR in east European push

Bloomberg |
26 November 2010

UniCredit SpA, Italy's biggest bank, is accelerating its expansion in the Czech Republic, where it is behind rivals such as Societe Generale's Komerční Banka AS.

Telefonica O2 Czech shares emerging Europe's best telecom buy, UBS says

Bloomberg |
24 November 2010

Telefonica O2 Czech Republic AS was named the most attractive telecommunications stock in emerging Europe by UBS AG, which cited its "cheap" valuation after a recent selloff and an expected "high" dividend payout.

Central bank lifts outlook for growth this year, cuts 2011 forecast

Bloomberg |
5 November 2010

The Czech central bank raised its outlook for growth this year to 2.3% percent from 1.6% in its latest quarterly update of economic forecasts.

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.

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