The Czech Republic’s money supply, measured by the M2 indicator, increased by 4% y/y to CZK 3.113tn (EUR 121bn) in February 2013, following a 4.6% growth a month earlier, the monetary survey of the central bank showed. After staying flat for two straight months, the annual rise in the M1 indicator eased to 7.5% in February from 8.4% in January and December.
Loans to businesses and households rose by 3.1% y/y to CZK 2.138tn as of end-February 2013, following the same pace of increase in January.
Moscow-based development bank International Investment Bank (IIB) has priced its denominated private placement transaction with three-year floating rate notes in koruna of CZK501mn, the bank said in ... more
International steel and mining company ArcelorMittal said on April 13 it has proposed a divestment package to the European Commission in a bid to obtain approval for its planned acquisition of ... more
Finland has issued a second and final permit for the construction of the controversial Nord Stream II pipeline that is to pump gas from Russia directly to Germany via a Baltic Sea route, the Regional ... more