Czech Republic
COMMENT: Central European stock markets still look good, while Russia's is improving
2017, so far, has been the best year for Central European equities since 2012, while the Russian index has been the worst performing market globally.
Bank lending conditions improve in Emerging Europe
The Institute of International Finance (IIF) composite index for the Emerging Markets Bank Lending Conditions Survey in 2Q17 showed that while lending conditions in emerging markets (EM) in general have tightened, those in Europe are easing
Czech police seek removal of immunity for PM frontrunner
Czech police requested that parliament remove the immunity of Andrej Babis. Likely the latest in a series of political potshots, the effort will struggle to derail the march of the billionaire leader of the Ano party to take the PM's seat.
Brno top destination for tech startups in CEE/CIS
Affordability makes the Czech Republic’s second city the highest ranked location in the CEE/CIS region on Nestpick’s latest Startup Cities Index.
Czech retail sales continue to stabilise in June
Czech retail sales growth accelerated to 6.6% y/y (both in adjusted and non-adjusted terms) in June, according to data reported by statistics office CZSO on August 4.
Czech rate setters take the plunge
Czech National Bank raises interest rates by 20bp, becoming the first central bank in the EU to hike rates in the recovery business cycle.
Brussels presses Visegrad states on migrant quotas
Populist governments in the "Visegrad Four" states are resisting the EU’s migrant quotas scheme intended to redistribute 160,000 refugees from Italy and Greece.