Wall Street Journal/Dow Jones

Moody’s Investors Services downgraded some of its credit ratings on six Czech financial institutions, and said the outlook was negative, reflecting their vulnerability if the economy worsens more than expected.Continue Reading

Czech petrochemical company Unipetrol sees room to reduce spending on personnel by 8% in order to reach its cost-cutting goals, the company’s deputy chairman said in an interview in Monday’s edition of newspaper Právo.Continue Reading

Czech power utility ČEZ and Slovak state-owned Nuclear and Decommissioning Company, or Javys, Friday signed a contract to form a joint venture to build a new nuclear power plant in Slovakia.Continue Reading

The most likely timeline for Czech adoption of the euro is between 2013 and 2015, the governor of the Czech central bank said Wednesday.Continue Reading