Czech Republic

CEE boom passes peak

Ben Aris in Berlin August 15, 2018

The boom Central and Eastern Europe has been enjoying for the last four years has reached its peak as countries in the region start to run up against their structural limits.

Czech GDP decelerated to 2.3% in 2Q18 as the economy hits its limits

bne IntelliNews August 15, 2018

Czechia’s economic growth decelerated to 2.3% year-on-year in the second quarter of 2018 from 4.2% growth in the first quarter as the economy runs up against its structural limits, the Czech Statistics Office (CSU) said on August 14. The main reason

Acute labour shortages limit GDP growth in CEE countries

bne IntelliNews August 13, 2018

Colliers International warns of limitations to GDP growth and a threat of recession if the labour force squeeze caused by low unemployment and high emigration continues.

LGBT Prague Pride supporters march as parliament debates same-sex marriage laws

bne IntelliNews August 13, 2018

Tens of thousands of LGBT activists attended the Prague Pride festival at the weekend while the Czech Republic parliament grapples with a same-sex marriage law

Czech CEZ reportedly sues Bulgaria over banned asset sale

Denitsa Koseva in Sofia August 7, 2018

In July, the CPC ruled that the highly controversial sale of CEZ's assets to local firm Inercom could not be completed as it would give the buyer excessive power on the photovoltaic electricity market.

CNB hikes rates by 0.25 pp in first back-to-back increase in 11 years

Jaroslav Hroch in Prague August 3, 2018

Rate increase to 1.25% was expected due to strong wage growth, a weaker koruna than anticipated, and inflation exceeding the CNB target of 2%.

BRICKS AND MORTAR: Student accommodation no longer a neglected niche

Clare Nuttall in Bucharest August 1, 2018

As the property boom in Central and Eastern Europe continues, investors are looking for new and lucrative niches to target. Except in Poland, the student accommodation segment has barely been exploited in the region but it has high potential.

CEZ mulls selling Bulgarian assets to India Power Corporation

Iulian Ernst in Bucharest July 24, 2018

Czech utility CEZ is likely to have to seek a new buyer after its original deal to sell assets that include one-third of Bulgaria’s electricity distribution to a small local firm was blocked by regulators.