Czech Republic

Czech capital markets: growth and regulation

This presentation from Vladimir Tomsik, a board member of the Czech National Bank, sets out how the Czech capital markets have grown and how the regulatory environment has changed over the last 20 years.

Ex-minister questions Czech independence

Jan Mladek, a Czech member of parliament and former government minister, has claimed that Vaclav Klaus, the president of the Czech Republic, is abusing his power to appoint senior members of the Czech National Bank's staff.

London calling for Czech governor Tuma?

The Czech government has nominated Zdenek Tuma, the governor of the Czech National Bank, to become the next president of the London-based European Bank for Reconstruction and Development (EBRD).

Euro expectations stabilise currencies

Relatively stable market expectations for euro-locking rates have fixed the exchange rates of three central European currencies, research published by the National Bank of Hungary finds.

Czechs hike rates to 3.5%

The Czech National Bank's rate-setting board voted on Thursday to hike rates by 25 basis points to 3.5% after inflation rose to a six-year high in October.

Koruna's rise presents mixed blessing

Ludek Niedermayer, a vice governor of the Czech National Bank, parried calls for the central bank to act on the appreciation of the koruna and said that the increase in the currency's value made euro accession more favourable.

Czech Republic breaks free of EBRD support

The Czech Republic has become the first country to opt out of funding from the European Bank for Reconstruction and Development (EBRD), the development bank set up to invest in the central and eastern European transition economies.

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