The Czech Republic's money supply, measured by the M2 indicator, increased by 4.4% y/y to CZK 3.111tn (EUR 121.2bn) in March 2013, following a revised 4.1% growth a month earlier, the monetary survey of the central bank showed. The annual rise in the M1 indicator speeded up to 8.6% from 7.5% in February.
Loans to businesses and households rose by 3.3% y/y to CZK 2.146tn as of end- March 2013, after a 3.1% expansion in the previous month.
Czech President Milos Zeman shocked journalists invited to a press event on June 14 when he set a huge pair of red underpants on fire. The pants are similar to those that the Ztohoven ... more
Around 85% of the Czech Socialist Party (CSSD) members voted in a referendum to form a coalition government with the populist centrist party Ano ... more