Czech financial group finally sells out to a group of investors led by Ivan Tyryshkin, chairman of the fintech SPB Exchange.
The European Commission is considering raising its renewable energy target for 2030 to 45% in new green plans to be published later in May.
Ales Michl, who will take charge from the July monetary council meeting, has been an outspoken opponent of interest rate hikes. This could mean the next council in June will take the opportunity to hike rates before he takes over,
In yearly terms, inflation accelerated to 14.2% in April, up from 12.7% in March, driven mainly by price increases in housing, fuel and food.
The EBRD has cut its 2022 emerging Europe growth forecasts again, reflecting a sharp downgrade for Ukraine and the regional fallout from the war and sanctions.
Unemployment rate fell by 0.1 percentage point month-on-month and by 0.8pp year-on-year.
Polish central bank, by also hiking 75bp, opted for a smaller hike than expected.
Recruitment of Smejc and billionaire Kretinsky will strengthen Czech financial group's management following the damage to its investments caused by Russia’s invasion of Ukraine.
Heavily-dependent states will be allowed to buy Russian oil exports until the end of 2023, while other states have to cease crude deliveries in six months.
We have all heard the adage that a butterfly flapping its wings in the Amazon could affect the weather patterns on the other side of the planet. Might the war in Ukraine also have such unintended consequences?
Capital Economics predicts GDP will contract by 0.4% q/q in 2Q22 and stagnate for the remainder of the year, as industry struggles with supply problems.
“Here to Stay: Eastern Europeans in Britain” tells the story of the half million citizens of the new EU member states who have moved to the UK since the early 21st century.
Conservative head of Czech Catholic church causes outrage by asking public not to condemn Russian soldiers for atrocities they commit on Ukrainian women.
The Visegrad Group of four Central European countries is in “deep freeze” because of the Hungarian-Polish split over the Ukraine war, says Sciences Po professor.
Russian GDP forecast to fall by 9-15% this year, while Ukraine's economy could collapse by 38-45%.
Towards 13,000 Ukrainians have found jobs since the late February invasion of their country.
Rise in consumer prices hits 12.7% year-on-year.
The Hungarian election has dealt a big blow to the once confident hope that broad opposition pre-electoral coalitions are the best way to remove entrenched authoritarian populists from power.
Slovakia plans to replace the S-300 system with US-made Patriot systems operated by Nato allies, which are already arriving in the country.
The irregular shredding of classified documents has raised suspicions that the president's close aides – who do not have security clearance – may have looked at the documents.