Czech Republic

VISEGRAD: Social Democrat divisions over populism on display

Robert Anderson in Prague December 5, 2016

Czech and Slovak premiers call for left to refocus on living standards and workers' rights.

External winds buffet an improving year

Nicholas Watson in Prague December 1, 2016

Despite the external blows of Brexit and then ‘Trumpquake’, there was a general improvement in Central and Eastern Europe’s transaction climate in 2016.

Central Europe’s factories unsure of Eurozone recovery

bne IntelliNews December 1, 2016

Central European factories remain on an uncertain footing, purchasing manager indices suggest, despite further signs of recovery in the Eurozone.

Czech lawmakers pass “lex Babis”

Tim Gosling in Prague November 30, 2016

Pushed by the coalition-leading Social Democrat Party, the law targets billionaire Finance Minister Andrej Babis – a likely PM after elections next year – over his numerous conflicts of interest.

OECD views fiscal stimulus and stronger investment as vital for Visegrad and Baltics

bne IntelliNews November 28, 2016

Spending in areas with longer term payoffs are particularly crucial in CEE, where innovation and productivity are low.

Slovakia’s EU asylum reform proposal exposes continuing splits in bloc

bne IntelliNews November 18, 2016

Slovak officials claimed on November 18 that its ‘effective solidarity’ proposal has been met with interest. That appears at odds with anger expressed by other member states.

Central Europe and Baltics still struggling to cast off corruption, TI survey shows

bne IntelliNews November 17, 2016

The performance of Central European and Baltic countries to stem corruption in the political system continues to be middling to poor, Transparency International’s (TI) Global Corruption Barometer suggested on November 16.

VISEGRAD: Central European consumers left to carry the weight

Tim Gosling in Prague November 16, 2016

GDP growth in Central Europe slumped in the third quarter, dragged down by the collapse of investment and signs of slowing industry.

Rising poverty drives bne’s global Despair Index

Ben Aris in Berlin November 15, 2016

bne’s Despair Index values are contained in most developed countries of the world and many of the former Eastern Bloc countries have scores on a par with their Western peers. But the share of poverty remains too high in many countries.

Seznam: a Czech A-list tech company

Benjamin Cunningham in Prague November 11, 2016

As global technology giants like Google and Facebook transition from helping people navigate the web to become content providers in their own right, at least one smaller competitor is keeping pace – the Czech firm Seznam.

Nato members digest Trump win, express concerns

Nicholas Watson in Prague November 9, 2016

Unpredictability is never an asset in foreign or defence policy, so the election of the mercurial Donald Trump to the US presidency is already causing conniptions in European capitals, especially those of Central Europe.

Regional heavyweights join chase for SABMiller's CEE brewers

bne IntelliNews November 8, 2016

A Polish-Hungarian insurance and energy consortium is amongst a list of six suitors to have submitted preliminary bids for SABMiller’s Central and Eastern European beer brands.

Turkey and Russia fall sharply in World Justice Project Rule of Law Index

bne IntelliNews November 8, 2016

Turkey is at the bottom of the World Justice Project Rule of Law Index 2016 but only just above Russia, Kyrgyzstan and Ukraine.

Masters of the EM universe

Ben Aris in Berlin November 8, 2016

“Western politicians haven’t forgiven Russia for Crimea, but the markets have.” The Russian bond market is booming in a welcome relief for the Kremlin. The rest of CEE not so much, as the ECB QE programme depresses yields to historic lows.

CEE/CIS BANK SURVEY 2016: Foreign players look for niches after market bottoms out

Robert Anderson in Prague November 7, 2016

With tighter regulatory rules looming, life is not going to get any easier for the region’s banks.

China launches €10bn investment fund for CEE

bne IntelliNews November 7, 2016

China has launched a €10bn investment fund for Central & Eastern Europe (CEE), the Industrial and Commercial Bank of China announced at a China-CEE summit in Latvia on November 6.

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