Wednesday, 20 February 2019


Czech PM Babiš says V4 summit in Israel scrapped

Reuters |
19 February 2019

A meeting of the central European Visegrad group countries scheduled to start in Israel in Monday has been canceled after Poland pulled out, news agency ČTK said, citing Czech Prime Minister Andrej Babiš.

CNB: Czech economy could slow up to 1 pct point in no-deal Brexit

Reuters |
14 February 2019

The Czech economy could slow by up to 1 percentage point in 2019 if Britain were to leave the European Union without a deal, Czech National Bank (CNB) Vice-Governor Tomas Nidetzky said on Wednesday.

Czech lender Komercni Banka to pay higher dividend despite profit dip

Reuters |
8 February 2019

Czech lender Komercni Banka reported a slight dip in full-year net profit, but proposed a higher dividend for 2018 and said it would aim to pay out a similar portion of earnings for this year as well.

Czech lender Moneta to give shareholders more say in merger

Reuters |
7 February 2019

MONETA Money Bank aims to let its shareholders participate in a share issue to finance its takeover of Air Bank, its chief executive said, as the lender seeks investor backing for one of the biggest deals in Czech banking in years.

Czech cyber chief expects Huawei, ZTE to be excluded from more tenders

Reuters |
6 February 2019

Huawei and ZTE will be left out of more state tenders after the tax authority excluded them, the head of the Czech cyber watchdog, which issued a recent security warning about the Chinese technology firms, said on Tuesday.

Central bank to keep rates on hold this week as foreign risks grow

Reuters |
5 February 2019

The Czech National Bank will refrain from raising interest rates on Thursday as uncertainties about European and global economic growth counter inflationary pressures stemming from the domestic economy, a Reuters poll showed on Monday.

Industry minister: nuclear reactor tender not realistic in 2019

Reuters |
4 February 2019

The Czech Republic is unlikely to be ready to hold a tender to build new nuclear reactors this year, given the financing structure has still not been decided, Industry Minister Marta Novakova said on Sunday.

Markets jump on Fed comments, Czech crown gives up gains

Reuters |
1 February 2019

Central European markets firmed across the board after the Federal Reserve signalled that its interest rate hike cycle may have ended. The prospect of lower than expected U.S. interest rates made risky assets more attractive and also caused some selling of the dollar whose strength weighed on financial assets in emerging markets last year.

Foreign holdings of Czech domestic bonds rose in December

Reuters |
1 February 2019

The proportion of non-residents holding Czech state domestic bonds increased to 41.81 percent in December from 40.17 percent in November, Finance Ministry data showed on Thursday.

Czech car production rises 1.7% year-on-year in 2018 to 1.44 mln cars

Reuters |
25 January 2019

Czech car production rises 1.7 percent year-on-year in 2018 to 1.44 million cars, according to AIA Association.

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