Czech Republic

Czech PPI inflation accelerated for the second straight month in September

bne IntelliNews October 16, 2017

Czech producer price inflation accelerated for the second straight month in September, according to the Czech Statistical Office reports on August 16.

Slovak court reopens question of whether Czech election favourite Babis was secret police informer

bne IntelliNews October 12, 2017

Just days after being hit by a subsidy fraud charge, populist politician expected to become country's next PM receives court verdict meaning he will have to re-explain his Communist-era activities.

Female employees get better training opportunities in CEE than Western Europe

Clare Nuttall in Bucharest October 11, 2017

Lithuania is the only EU member state where female employees are more likely to be sent on job-related training by their employer than their male colleagues, finds a study by The Knowledge Academy.

Zeman’s Crimea “fait accompli” remarks focus minds on Moscow factor in Czech election

bne IntelliNews October 11, 2017

Ukrainian delegation walks out of Strasbourg speech as Czech president calls for switch from EU sanctions approach to talks on Russian compensation for Kyiv.

Stork Nest fraud charges pressed against frontrunner to become Czech PM Babis

bne IntelliNews October 9, 2017

With less than two weeks to election populist politician faces battle to persuade voters who have largely stuck with him so far that case over EU subsidy is politically motivated.

Skoda reportedly confirms VW talks over Czech production shift to Germany

bne IntelliNews October 8, 2017

Unions threaten to withdraw overtime commitments but company says in letter to employees no present plans for such a move exist and that it would only be adopted to cope with demand.

EM fund managers push Czech koruna to strongest levels in four years

bne IntelliNews October 5, 2017

Specula¬tors seem intent on betting on further appreciation of currency despite existing exposure amounting to tens of billions of euros.

Czechs on edge over claims VW has plan to shift Skoda production to Germany

bne IntelliNews October 4, 2017

Unions claim 2,000 jobs are at stake at 'family silver' firm and that some high-placed VW managers are envious of the success and profitability achieved by their subsidiary.

Development banks are getting ready for IFRS-9 accounting changes

Vladimir Kozlov in Moscow October 4, 2017

The regional international financial institution International Investment Bank (IIB) held a conference in Moscow on September 28-29 to prepare partners for the introduction of the new IFRS-9 international accounting standards.

Tesco reportedly mulls sale of CEE businesses

Levente Szilagyi in Budapest October 3, 2017

UK retail giant could put its regional subsidiaries up for sale in bulk or individually in March 2018 if unions stick with their demands for further wage hikes.

Czechia’s manufacturing PMI motors ahead with output on a roll

bne IntelliNews October 2, 2017

Production levels in the country outperformed expectations in September with rising export sales helping to lift the headline purchasing managers' index to 56.6 from 54.9.

BUCHAREST BLOG: Southeast Europe steps up its FDI challenge

Clare Nuttall in Bucharest September 28, 2017

Tightening labour markets are undermining the investment case for Central Europe, but its labour productivity and infrastructure still give it an advantage.

OPINION: Austrian policy towards CEE is likely to change in tone but not substance

Marcus How of ViennEast September 25, 2017

If the Freedom Party enters government after the election, convergence with populists in the Visegrad Group may increase, but the big parties will prevent any major shift.

Central and Eastern Europe lags the world in social capital

Robert Anderson in Prague September 23, 2017

The region has made little progress over the past decade in improving trust and civic engagement, says Legatum Institute.