Saturday, 25 January 2020

Bloomberg

Hungarian Gripen fighter jet crash-lands in Czech military drill

Bloomberg |
20 May 2015

A Hungarian Jas-39 Gripen fighter, made by Saab AB, crash-landed during a military drill in the Czech Republic, the Defense Ministry in Budapest said. Both pilots ejected and were unhurt as the plane overran the runway for unknown reasons, the ministry said in an e-mailed statement on Tuesday.

Czech long-term energy plan continues to rely on nuclear power

Bloomberg |
19 May 2015

The Czech government said it remained opposed to state subsidies for nuclear plants as it approved a long-term strategy that stresses the importance of atomic power and renewable energy for decades to come.

Czech economy races to EU's fastest growth on weak koruna policy

Bloomberg |
18 May 2015

Czech economic growth accelerated to a record and outpaced all other members of the European Union in the first quarter, helped by a policy of keeping the currency weak and the government's looser budget stance.

O2 Czech more than doubles quarterly profit on cost reductions

Bloomberg |
14 May 2015

O2 Czech Republic AS’s first-quarter profit more than doubled as the company cut costs before a planned partition of the business designed to further boost earnings.

LN: Czech rate setter Rusnok veers from Zeman on koruna

Bloomberg |
22 April 2015

Czech central banker Jiří Rusnok, the Czech president's top pick to lead the monetary authority next year, disagreed with his ally's view that a cap limiting koruna gains has delayed potential euro adoption.

ČEZ finance chief says euro switch would aid Czech companies

Bloomberg |
25 March 2015

Czech companies would benefit if the country switched to the euro as it would simplify trade and cut costs, said Martin Novák, the chief financial officer at power utility ČEZ.

Czech koruna gaining toward cap as central bank ready to step in

Bloomberg |
18 March 2015

The Czech koruna gained to a 16-month high as CSOB AS analysts said investors may test the central bank's resolve to defend its limit at 27 per euro with interventions.

VW's Škoda unit urges Czech euro adoption when Greek crisis ebbs

Bloomberg |
17 March 2015

The Czech Republic will benefit from adopting the euro and should join the monetary union after the Greek debt crisis calms down, the head of Volkswagen AG's unit, Škoda Auto AS, said.

Czechs prefer koruna cap drop in one move, Holub says

Bloomberg |
12 March 2015

The Czech central bank is studying two methods of exiting its weak-koruna regime, with the ideal option being to ditch it in one move and stand ready to intervene against abrupt appreciation, the bank's chief forecaster said.

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.

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