Economy and Market

Regaining confidence

The European strategy for the crisis and the fears of the non-euro countries These are months of concern for the fate of the euro. In some countries, such as the Czech Republic, there is a growing distrust towards the single currency; whilst in the...

The European crisis adds gleam to the crown

However, any comparison between the Czech currency and the Swiss Franc, does not hold. There is still a long way to go The crises in the world markets show no signs of abating and, in the international arena, the most daring brokers and experts...

Russia and the Czech Republic, business is still on the rise

Economic relations between the Czech Republic and Russia are increasingly stronger, so much so that in 2010, trade between the two countries was 7.8 billion Euros, an increase of 29.5% compared to the previous year. Everything indicates that, this year already, trade relations between...

EU Funds: scenarios and perspectives at the ICE (Italian Institute for Foreign Trade) conference in Prague

On 26 May of this year, a conference was held in Prague entitled “Investing in the Czech Republic with European aid”. The initiative saw the participation of the ICE office in Prague, together with ChzechInvest, the Czech government agency for the management of industrial...

The Czech business Yeti and the Triestine Lion

The story of a contested “love” which could see its fruits with the Generali-Ppf Group joint venture The Kellner issue was the fuse that sparked the latest contrast within the Italian company before Geronzi’s resignation. Nobody knows exactly what weight the contrast had over...

The logic of the atom, among anarchy and the crisis

The postponement of the extension work at the Temelin nuclear power station has surprised the international nuclear energy market Cez has suspended or done away with many national and international expansion plans. On two reactors, a pro and anti Russia political controversy has opened...

Euro, love-hate. Restraint in Prague on its adoption

After the Greek financial tragedy, outsiders from the Eurozone, including the Czech Republic, have slowed down their race. The safe haven of the Eurozone does not seem so appealing anymore to many Central Eastern European Countries. The Greek crisis, which has cast doubts on...

Czech economy in pole position in the East

Encouraging messages delivered by the analysts of UniCredit during a seminar in Prague In central-eastern Europe the economies of Czech Republic, Poland and Slovakia now seem to be more ready than others for a new phase of economic development. A step behind are the...

A country awaiting stability

Concern over the Czech Republic political class and chance to pursue the dream of the Velvet Revolution while the economy is slowly climbing along the path of recovery Scandals, spying, stolen photographs, eggs and stones at the centre of the debate between the parties....

No hurry for the Euro in Prague

The International Monetary fund advocates fast-track adoption of the Euro in Eastern Europe At the beginning of April, the Financial Times (FT) cited a confidential report by the International Monetary Fund (IMF) calling for the relaxation of the terms foreseen by the Maastricht agreement,...