Article | May 13, 2012 - 11:06pm
The latest meeting of the policy makers at the Czech central bank (Ceska Narodni Banka) voted to maintain the benchmark two-week repurchase rate at a record-low 0.75% but two board members called for a 0.5% cut, local media reports revealed.
Article | May 6, 2012 - 10:44pm
Two candidates for the Civic Democratic party (ODS) presidential election have harshly criticized the European Union at their first hustings.
Article | May 6, 2012 - 10:43pm
In a recently held confidence vote in the Czech parliament, the government of Prime Minister Petr Necas survived with comfortable majority but the closed gap between the governing coalition and the opposition has raised apprehensions that the government would find it difficult to push through unpopular cuts.
Article | April 29, 2012 - 9:49pm
Data released last week by the Czech statistical office (CSU) showed Czech business confidence index in April went in red for the first time since December.
Article | April 29, 2012 - 9:48pm
A hike in the interest rates of the Czech central bank might be looming with the economy showing healthy growth levels, local reports indicated last week citing a member of the central bank board.
Article | April 23, 2012 - 11:19am
Article | April 22, 2012 - 10:10pm
Czech Republic and the US last week finally inked a defence cooperation agreement last week that was initiated in January. Czech Defence Minister Alexandr Vondra represented his side. The US side was represented by Defense Secretary Leon Panetta.
Article | April 15, 2012 - 8:06pm
Czech Prime Minister Petr Necas and Finance Minister Miroslav Kalousek have complained that their budget has been regarded as an unprecedented raising of taxes while savings are forgotten.
Article | April 8, 2012 - 9:18pm
The Czech Telecommunications Office (CTU), the telecoms regulatory authority of the country, recently unveiled plans of stepping up its supervisory role on the local mobile market.
Article | April 1, 2012 - 7:57pm
The Greek debt crisis has spilled into the Czech chapter of Italy’s UniCredit bank pulling down the bank’s profit by huge 62%. The figure, net profit of 1.115 billion crowns, however, was comfortably within the periphery of black.
Article | March 25, 2012 - 8:31pm
Czech Republic’s counter-intelligence service BIS which functions within the country is now seeking access to tax returns to gain greater access over the scope and arena of corporate crimes.
Article | March 11, 2012 - 10:21pm
A top Czech trade union official last week again slammed the government’s austerity drive terming it “a path to hell, which will destroy the public sector.”
