Czech Republic

Czech unemployment remains at 4% in February

Albin Sybera March 11, 2024

The Czech unemployment rate remained at 4% in February, unchanged month-on-month. In year-on-year terms, it increased by 0.1%.

Closing gender gap in workforce could double global growth rate says World Bank

Clare Nuttall in Glasgow March 8, 2024

Countries in Central and Eastern Europe and Eurasia have a lower gender gap than the global average but only Latvian women have equal legal standing with men.

Czech president says finance for Ukraine ammunition secured

Albin Sybera March 8, 2024

Czech initiative to buy ammunition from third countries follows failure of EU to provide promised 1mn rounds from within the bloc.

Macron doubles down on idea of using Nato troops in Ukraine

Robert Anderson in Prague March 6, 2024

French president for a "strategic leap" in Western thinking on help to Kyiv.

Central Europe's top security conference moves to Prague amid pressure from Slovak cabinet

Albin Sybera March 6, 2024

Robert Fico's government is targeting Slovakia's strong roster of think-tanks, which he argues is part of the opposition campaign against him.

Slovak TV Markiza said to be scaling down politics in news

Albin Sybera March 4, 2024

The reported editorial changes allegedly follow pressure from the new left-right government of Robert Fico, who has labelled the station an "enemy media".

Czech PMI inches upwards in February

bne IntelliNews March 4, 2024

The Manufacturing Purchasing Managers’ Index (PMI) for Czechia, compiled by market intelligence company S&P Global, inched upwards in February to 44.3 amid some positive signs in the struggling manufacturing sector.

Czech lower house passes watered down legislation enhancing the rights of same sex couples

Albin Sybera February 29, 2024

Marriage for all staunchly opposed by the powerful conservative wing in the parliament.

Thailand's SCBX acquires PPF's Home Credit Vietnam business for €800mn

Juthatip Kumarn February 28, 2024

PPF founded Home Credit Vietnam in 2008, becoming the second largest player in the Vietnamese consumer finance sector.

Liberty Steel's financial crisis is just the latest blow for CEE's steel industry

Robert Anderson in Prague February 28, 2024

The woes of Liberty Steel's mills also reflect the struggle of former Communist Central and Eastern Europe’s once mighty steel sector to remain competitive.

Czech court maintains Liberty Ostrava's protection from bankruptcy

bne IntelliNews February 28, 2024

Liberty Ostrava has not been operating since December after its main energy supplier cut off power and went into bankruptcy.

Czech plan reportedly secures 800,000 pieces of ammunition for Ukraine

Albin Sybera February 28, 2024

Czechs use worldwide arms contacts to locate ammunition stocks which “for political reasons” the supplying countries won’t be able to deliver themselves.

Despite differences over Ukraine, V4 leaders stress the platform is not dead

Albin Sybera, Robert Anderson in Prague February 28, 2024

Split over Ukraine has led analysts and journalists to describe the group as the V2+V2 rather than the V4, and to speculate whether it had a function anymore.

Macron says sending Nato ground troops to Ukraine should not be ruled out

bne IntelliNews February 27, 2024

French president says Russia now presents a greater danger and nothing should be excluded.

Commercial real estate investment dropped by 55% in Central Europe in 2023, says Cushman & Wakefield

bne IntelliNews February 26, 2024

The highest proportion of the capital went into the office sector, although its share dropped from 41% in 2022 to 32% in 2023 because of the increasing trend towards remote work.

Romania’s president pitches to be CEE's candidate for Nato top seat

bne IntelliNews February 23, 2024

The alliance's CEE countries had hoped to be strong contenders to helm the alliance this time around, but the Netherlands' Mark Rutte appears to have it in the bag already.

VISEGRAD BLOG: Poland will be a test case of how to reconquer the state and rebuild a liberal democracy

Robert Anderson in Prague February 22, 2024

Liberals are fundamentally misunderstanding the nature of the PiS system if they believe Donald Tusk should tread water.

CEE losing competitiveness because of soaring wages and weak productivity growth

bne IntelliNews February 19, 2024

Unit labour costs have surged by 25% since 2020 – something not seen since the early 2000s, says Capital Economics

Czech inflation collapses to its lowest y/y rise in almost three years in January

bne IntelliNews February 15, 2024

Consumer price indices (inflation) in Czechia increased by 2.3% year on year and by 1.5% month on month.

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