Monday, 30 November 2015


Czech exit from crown cap likely moving to end-2016

Reuters |
27 November 2015

An exit from the Czech central bank's weak crown policy is likely moving to the end of 2016 but it is too early set a specific exit date, board member Jiri Rusnok was quoted as saying on Thursday.

Czech Coal unit interested in Vattenfall's German assets

Reuters |
6 November 2015

A unit of mining company Czech Coal is interested in bidding for Vattenfall's lignite assets in Germany, the Czech news agency CTK reported on Thursday.

PPF says plans to squeeze out minority holders in Cetin, offers CZK 172.4/share

Reuters |
4 November 2015

Czech PPF says plans to squeeze out minority holders in Cetin, asked Cetin to call general meeting. PPF offers CZK 172.4 per share in Cetin squeeze-out.

Czech investors say mistreated by Austria in casinos bid and plan court action

Reuters |
4 November 2015

A group of Czech investors says it suffered discriminatory treatment by Austria's finance ministry over a bid to raise its stake in Austria's lottery and casino business and is planning legal action over the matter, one of the investors told Reuters.

EPH to group infrastructure assets under one arm, may sell shares

Reuters |
23 October 2015

Czech energy investment group EPH will group its central European infrastructure assets under an arm called EPIF, and may sell a minority stake in the business through an initial public offering (IPO), EPH said on Thursday.

ČNB to keep FX commitment at least until H2 2016

Reuters |
22 October 2015

The Czech central bank will keep its weak crown policy in place until at the least the second half of 2016, board member Pavel Rezabek said on Wednesday, reiterating the bank's stance.

Czechs under fire for harsh, lengthy migrant detentions

Reuters |
19 October 2015

When two young Syrian refugees crossed the Czech border from Slovakia in a smuggler's car last month they thought their dangerous 24-day journey to Germany would be over in hours. Instead the 23-year old childhood friends were arrested, handcuffed, strip-searched and detained for six weeks by Czech authorities, with only sporadic access to legal aid or interpreters and little chance to contact families.

ČNB serious in keeping FX policy for as long as needed

Reuters |
9 October 2015

The Czech central bank can keep its weak crown policy for as long as necessary and has shown it is serious about holding that commitment until at least the second half of 2016 and maybe longer, Vice-Governor Mojmír Hampl said on Thursday.

Survey: Half of Czechs oppose taking in war refugees

Reuters |
8 October 2015

Half of Czechs are against accepting any refugees from war zones, a survey showed on Wednesday, underlining the deep opposition in the Czech Republic and central Europe to policies opening the door to growing numbers of asylum seekers.

Car sales set for record 2015, little VW impact seen

Reuters |
6 October 2015

Czech car sales should jump by 20 percent to a record of more than 230,000 vehicles in 2015, the country's Car Importers Association said on Monday, predicting little impact from the scandal over Volkswagen's rigging of emissions tests.

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