| 11 Mar 2018 23:15 | Bloomberg |
The country can afford to borrow more to fund development after years of virtually balanced budgets and stalled road projects reduced gross public debt to 32 percent last year, from 41 percent in 2013.
more| 10 Oct 2017 00:15 | Visegrad Insight |
Nevertheless, and rather surprisingly to the outside observers, no such debate is taking place. Only now and then does one hear the representatives of Czech industry voicing the view that by introducing the euro the Czech Republic might, at the very ...
more| 05 May 2017 07:45 | Lexology (registration) |
As of 6 April, the Czech koruna or crown is no longer the “world's most boring currency” (as it was previously called by the Financial Times)[1] - the exchange rate commitment of the Czech National Bank (CNB) was ended after more than three years.
more| 25 Apr 2017 07:22 | Bonds & Loans (registration) |
The Swiss may be best in the world on chocolate, watches and banking, but next time the country decides to unpeg its currency, it may want to heed the example of its Eastern neighbour, the Czech Republic, whose pre-emptive floatation of the koruna has ...
more| 26 Jan 2017 08:37 | Euromoney magazine |
Inflation in the Czech Republic hit a four-year high of 2% in December, the midpoint of the Czech National Bank's (CNB) target range, but higher than the consensus 1.9% forecast and well above the central bank's 1.3% prediction in November.
more| 22 Nov 2016 11:06 | Channel NewsAsia |
Last week CEFC Group (Europe) Company said it had invested 22.8 billion koruna (US$894 million) in the Czech Republic since it was founded in June 2015. CEFC's European branch is also completing investment worth 30.7 billion koruna and planning ...
more| 09 Sep 2016 09:26 | Financial Times |
A recap for those of you who are not Central European currency hipsters: The Czech National Bank imposed a Swiss-style lower limit on the euro-koruna exchange rate in 2013, writes Katie Martin. It has committed to prevent the euro from falling under ...
more| 08 Feb 2016 06:15 | Bloomberg |
Robust economic growth in the Czech Republic and the European Central Bank's expanded monetary stimulus are boosting demand for the koruna, forcing rate setters in Prague to deter capital inflows that could undermine their efforts to push up inflation.
more