Czech Senate fails to ratify European treaty on violence against women
PRAGUE (Reuters) – Lawmakers in the Czech Republic’s upper house Senate narrowly voted against ratifying a decade-old international treaty aimed at preventing and combating violence against women. The vote late on Wednesday,…
Late Czech billionaire’s family taps longtime partner Smejc to run PPF
PRAGUE -PPF Group will install investor Jiri Smejc as its new chief executive from June 15, turning to the longtime investment partner of the Czech company’s late billionaire founder to help navigate…
Czech central bank seen raising main rate to 5.50%, highest since 1999: Reuters poll
PRAGUE – The Czech National Bank is likely to raise its main rate by 50 basis points to 5.50% on May 5, a Reuters poll suggested on Monday, pushing borrowing costs to…
Czech central bank seen raising rates to highest since 2001: Reuters poll
PRAGUE – The Czech National Bank is set to raise its main rate by 50 basis points to 5.00% on March 31, a Reuters poll showed on Tuesday, which would be the…
Czech central banker favours rate hikes to wider FX sales to stem inflation
By Jan Lopatka PRAGUE – The Czech central bank is likely to raise interest rates again on March 31 and may discuss more use of foreign exchange interventions, board member Tomas Holub…
Czech central bank may discuss further use of FX reserves to slow inflation
PRAGUE – The Czech central bank may discuss whether to use its large foreign exchange reserves to not only stabilise exchange rate fluctuations but also for fighting inflation, central bank Governor Jiri…
Sberbank’s Czech branches to stay closed on Monday – CTK
PRAGUE – Russian bank Sberbank’s Czech unit will keep branches closed on Monday and card transactions and internet banking stopped, CTK news agency reported on Sunday, citing the bank as saying it…
Czech president: Russia should be cut off from SWIFT
PRAGUE – Czech President Milos Zeman, who had in the past promoted warm relations with Moscow, said on Thursday Russia’s attack on Ukraine was “crime against peace” and required a response through…
Czech central bank vice-gov says Ukraine crisis will have inflationary effect
PRAGUE – The crisis around Ukraine will have an inflationary effect on the Czech economy via higher energy prices, the central bank vice-governor Tomas Nidetzky was quoted as saying on Thursday. Nidetzky…
Czech minister: Putin gave Europe ‘gift’ as gas crisis showed alternatives exist
By Jan Lopatka and Robert Muller PRAGUE – Liquefied natural gas (LNG) shipments to Europe late last year showed Russia could not use gas as great leverage over Europe, and the gas…
Czech billionaire set to accept Aareal takeover offer – source
BERLIN – Czech billionaire Daniel Kretinsky is set to accept a takeover offer for Germany’s Aareal Bank from three financial investors, according to a source. The buyout group, which includes United States-based…
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