Czech Republic

More than a third of Bulgarians and Romanians at risk of poverty

bne IntelliNews October 16, 2018

Two Southeast European states have the highest risk of poverty and social inclusion among EU members, while the lowest risks are in the Czech Republic.

Romania ranked worst among EU countries on Social Progress Index

bne IntelliNews October 16, 2018

Romania’s low scores, in particular for water, sanitation and public health, reveal deficiencies in the distribution of economic growth and public spending, report's author says.

Croatia posts highest increase in insolvencies in CEE in 2017

bne IntelliNews October 9, 2018

The surge is explained by the current bankruptcy law, under which the National Financial Agency is obliged to start bankruptcy proceedings for any company whose accounts have been blocked for more than 120 days, Coffee study finds.

Moneta, Air Bank and Home Credit to create third largest Czech bank

bne IntelliNews October 9, 2018

Richest Czech Petr Kellner to own fifth of new listed lender after €750mn deal.

Czech PMI drops to 22-month low amid slower new order growth in September

bne IntelliNews October 8, 2018

The Czech IHS Manufacturing Purchasing Managers Index (PMI) slipped to 53.4 in September from 54.9 in August, signalling a further slowdown, figures released by IHS Markit show. The latest reading was the lowest since November 2016

UK foreign secretary alienates CEE by likening EU to Soviet Union

Wojciech Kosc in Warsaw October 2, 2018

Jeremy Hunt scores own goal as he angers politicians in countries that had been advocating a lenient approach to Brexit.

No surprise as Czech National Bank hikes rates by 0.25pp with another increase in sight

Jaroslav Hroch in Prague September 27, 2018

Analysts forecast the central bank will hike the rate one more time in November, after raising it for three consecutive months.

Slovenia leads CEE/SEE region in R&D spending

bne IntelliNews September 26, 2018

The tiny Adriatic nation's R&D spending is the highest in the region relative to the size of its economy, European Commission data shows.

Romania's VAT collection rate weakest among EU-28

bne IntelliNews September 25, 2018

Romania was the only EU member state to see VAT collection contract, despite a cut in its effective VAT rate.