Czech Republic

Central European populism bites the hand that feeds it

Robert Anderson in Prague April 30, 2024

20 years after Central European countries' accession, the region's populists presents a grave threat to the EU's fundamental values.

Czech police point to Russia's GRU as investigation into ammunition explosion is shelved

Albin Sybera April 30, 2024

Czech interior minister says that Russia is “transgressing valid international agreements” after it refused to cooperate with Czech authorities on the case.

France's EDF seen as favourite as Czech nuclear tender enters next stage

Albin Sybera April 30, 2024

It is already clear that the estimated price of CZK160bn (€6.4bn), which the Czech government calculated in 2020, will be exceeded.

COMMENT: Testing the limits – the politics of EU membership in CEE 20 years after accession

Marcus How in Vienna April 29, 2024

Apathy and lack of trust in national institutions, combined with ‘convergence fatigue’, have created favourable conditions for populist forces that have degraded the quality of institutions in many of the CEE states that joined the EU in 2004.

THE VIEW FROM MITTELEUROPA: Has EU enlargement been an economic success story?

Gunter Deuber in Vienna April 29, 2024

20 years after the accession of Central Europe, EU enlargement can be seen as an engine of economic growth, even if it was not a success everywhere and in all areas.

Czech tycoon Kretinsky enters steel business with 20% stake in Thyssenkrupp

Albin Sybera April 28, 2024

EP is in talks to acquire a further 30% of the steel business in a pursuit of forming a 50:50 joint venture.

Fears grow of Russian interference in Central European media space

Robert Anderson in Prague April 26, 2024

At the same time, in Poland and Hungary, social networking sites and messaging apps are considered more free and more trustworthy than mainstream media, according to new poll.

Bankers reassessing accelerating climate crisis in anticipation of trillions of dollars of annual damage

Ben Aris in Berlin April 25, 2024

As the climate crisis accelerates, banks are facing increasing financial risks and have begun to try to assess their exposure to the trillions of dollars of damage extreme weather will do every year.

CEE recovering but no full rebound in sight, says wiiw

Clare Nuttall in Glasgow April 25, 2024

Germany’s slow recovery is dampening growth prospects for Central and Southeast European economies.

Czech prosecutors indict former president's top aide for embezzlement

Albin Sybera April 23, 2024

Vratislav Mynar was at the centre of many of the scandals surrounding Milos Zeman's two terms as president.

Premier Energy announces €125mn IPO in Bucharest to boost renewables portfolio

bne IntelliNews April 18, 2024

Bucharest Stock Exchange becomes increasingly attractive for investors after last year's Hidroelectrica IPO.

AI and cybersecurity to drive CEE tech sector

Clare Nuttall in Glasgow April 18, 2024

PwC and CEE Digital Coalition believe the Central and Eastern Europe region has the potential to create the EU’s Silicon Valley.

Czech tycoon Kretinsky’s £4.5bn bid for owner of Royal Mail rejected

Albin Sybera April 18, 2024

IDS shares jumped by 29% on April 17 after it announced it had turned down an indicative offer at 320p per share from Kretinsky’s EP Group.

Czechia paid five times more for energy imports from Russia than it spent on aid to Ukraine

Albin Sybera April 17, 2024

The amount of money Czechia spent on Russian energy imports until the end of 2023 could finance more than three weeks of Russian fighting in Ukraine.

Pro-Kremlin Voice of Europe resumes operations from Kazakhstan

bne IntelliNews April 17, 2024

Media platform that has promoted far-right EU politicians was expelled from Czechia last month.

Creditors of Liberty Steel Ostrava greenlight restructuring plan

Albin Sybera April 17, 2024

Creditors vote to eject biggest of them, power supplier Tameh Czech, from the list of creditors.

Fiala meets Biden to discuss support for Ukraine

Albin Sybera April 16, 2024

US President praises Czech initiative to purchase ammunition for Ukraine outside the EU.

CEE falling inflation trend comes to an end

bne IntelliNews April 12, 2024

After spiking to 20-year highs thanks to the pandemic and Europe’s Russian induced energy crisis, inflation rates across the EU have tumbled in recent months. That trend has ended and CEE central banks are expected to hike rates again in 2H24.

Czech opposition tries to hold parliamentary session on PM’s financial affairs

Albin Sybera April 12, 2024

Fiala had a holding in PDZ fund suspected of money laundering.

COMMENT: The Three Seas Initiative's digital imperative

Dominykas Tuckus in Vilnius April 12, 2024

While digital infrastructure in the region is growing, support infrastructure designed to handle the growth in demand is what requires investment.

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