Economy and Market

“We are not impaired by the crisis. The fact that we have a defined development plan already in progress helps us quite a bit. By opening to the retail market, the bank has also become more sustainable compared to the past.” To underline this...

Prague’s number one objective: to reduce dependence on western European markets The Czech Republic, a country that sells around two-thirds of its production abroad, believes it is important to decrease its dependency on EU markets in the next few years – where 83% of...

Many positive signs, in early October, starting with the 53rd edition of the Mechanical Engineering Fair in Brno, even if operators are rather cautious about the future, with particular concerns over the Eurozone crisis. In a country such as the Czech Republic – where...

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...

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...

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...

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 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 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...

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...