Sunday, 6 September 2020


Finance Minister sees euro possible in 2015 at earliest

Bloomberg |
15 March 2010

The Czech Republic may adopt the euro in 2015 at the earliest if it cuts the public finance deficit as required by the European Union, Finance Minister Eduard Janota said.

Czech fund with 150% gain says Russia stocks top pick

Bloomberg |
3 March 2010

The Czech unit of Erste Group Bank AG that returned more than 150% on its Sporotrend stock fund last year says Russian equities will lead global gains on lower valuations, cost cutting and demand for commodities.

Koruna gains to 2-month high as central bank signals rate rise

Bloomberg |
19 February 2010

The Czech koruna appreciated to its strongest in more than two months after the central bank's Vice Governor Mojmr Hampl was reported as saying interest rates are likely to rise.

Power grid says solar boom risks blackouts

Bloomberg |
16 February 2010

CEPS AS, the Czech electricity-grid operator, said the pace of solar-power investment risks overloading the network and driving up prices for consumers.

East Europe's recovery 'limps' as Czech slump deepens

Bloomberg |
15 February 2010

The Czech economy’s decline unexpectedly deepened in the fourth quarter while Hungary and Romania remained in recessions, underscoring the fragility of eastern Europe’s export-led recovery.

Czech bonds in dollars, euros may cover half of 2010 borrowing

Bloomberg |
20 January 2010

The Czech Republic will borrow as much as 50 percent of its debt needs this year on international markets to fund its budget deficit and refinance debt, Deputy Finance Minister Bohdan Hejduk said.

Russia warns EU of oil supply cut on Ukraine row, Slovakia says

Bloomberg |
29 December 2009

Russia warned the European Union that it may cut off oil supplies to Slovakia, Hungary and the Czech Republic because of a dispute with Ukraine over transits, the Slovak government said.

ČNB to keep rate steady, weighing inflation risk

Bloomberg |
16 December 2009

Czech central bank policy makers, who were split in their last two meetings over whether to cut the main interest rate, may leave borrowing costs on hold again today to assess inflation risks posed by the economic recovery.

Klaus says Lisbon 'train' hard to stop

Bloomberg |
19 October 2009

President Václav Klaus, the last European Union leader yet to sign the Lisbon Treaty, suggested he may not continue to stand in the way as the ratification process has gone too far to stop it. Klaus said in Saturday's Lidové noviny that while he "can't consider" the treaty to be a good thing for Europe or the Czech Republic, "the train with it is going so quickly and is so far that it probably won’t be possible to stop or return it, however much some of us would wish that".

NWR says outlook improving on increased demand from steelmakers

Bloomberg |
16 October 2009

New World Resources NV, the largest producer of coking coal in the Czech Republic, said increased demand from steelmakers in the second half is "significantly" reducing stockpiles and boosting the outlook for business.

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