Wednesday, 25 April 2018

Reuters

HN: Czech central banker says rates may rise before year-end

Reuters |
25 April 2018

The Czech central bank will likely deliver one more interest rate hike this year following three increases since last August but no action is needed just yet, central bank board member Toms Nidetzky told the online version of daily Hospodarske Noviny.

Czech central bank's Benda says risks rather on inflationary side

Reuters |
25 April 2018

Inflationary risks in the rapidly growing Czech economy are somewhat tilted to the upside but there is no need to raise interest rates immediately, the central bank's Vojtech Benda said on Tuesday.

China's CITIC and Czech-based CEFC Europe to form joint venture

Reuters |
20 April 2018

State-run Chinese conglomerate CITIC and CEFC Europe, the Czech-based unit of China's CEFC, have signed a memorandum of understanding to establish a joint venture, the Czech president's spokesman said.

Czech president meeting China's CITIC after CEFC shake-up

Reuters |
18 April 2018

Czech President Miloš Zeman will meet a delegation from Chinese state-run conglomerate CITIC, including chairman Chang Zhenming, his spokesman said on Tuesday, amid reports it could take a stake in another Chinese group's Czech investments.

PM Babiš wants deal on ministries this week in renewed gov't talks

Reuters |
16 April 2018

Czech Prime Minister Andrej Babis said on Sunday he was aiming for an agreement on which ministries each party will control in the coming week as he restarts talks with the Social Democrats on a potential coalition government.

ANO party wants new shot at center-left coalition to avoid far-right

Reuters |
13 April 2018

The Czech ruling ANO party agreed on Thursday to restart negotiations with the center-left Social Democrats to form a new government to avoid a deal involving an anti-European far-right party.

Gov't talks break down in row over ministry posts

Reuters |
6 April 2018

The Social Democratic party is ready to walk away from talks after the ANO party of PM Andrej Babiš rejected its proposals on forming a coalition government, party leader Jan Hamáček said on Thursday. Hamáček told reporters he would recommend his party leadership end talks with ANO when it meets on Friday. The party had sought the Interior or Finance Ministry as Babiš, a billionaire businessman, faces criminal charges over an alleged fraud a decade ago involving EU subsidies worth EUR 2 million.

Association: Czech car sales to slow in 2018

Reuters |
6 April 2018

Growth of new car registrations in the Czech Republic is likely to slow in 2018 to 3 percent after a record 2017, the country's Car Importers Association said on Thursday.

Aircraft maker Aero sells four fighter jets to Senegal

Reuters |
5 April 2018

Aero Vodochody has sold four L-39NG training fighter jets to Senegal, the Czech company said on Wednesday, marking the once struggling firm's first international sale of new aircraft in 20 years.

Russia says Czech extradition of alleged hacker to USA may hurt ties

Reuters |
3 April 2018

Russia's Foreign Ministry said on Monday that the Czech Republic's extradition to the United States of Yevgeny Nikulin, a Russian charged with hacking US tech companies, appeared to be aimed at damaging ties between Moscow and Prague. Nikulin was extradited to USA last week, where he pleaded not guilty to charges that he hacked into the systems of three US technology firms, potentially compromising the personal details of at least 100 million users, including on LinkedIn.

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