Central Europeans in need of a culture fix after weeks of lockdown can now watch films at a growing number of drive-ins and outdoor cinemas opened in car parks, airport aprons and other open spaces as restrictions are eased.
The economic situation of Czech companies is deteriorating and most hope for an extension of the government's Antivirus support programme, a survey by the Confederation of Industry and Transport shows.
Slowdown in new cases in Eastern Europe, while lockdowns already being lifted in Central and Southeast Europe.
Performance ranges from a contraction of 5.4% q/q in Slovakia to growth of 0.3% q/q in Bulgaria and Romania.
Investors might consider acquiring additional stakes if the uncertainty around the coronavirus pandemic that which forced the retail chain to close its stores causes a further fall in the share price.
What is behind the magic of high numbers of anti-crisis programmes to combat the economic fallout from COVID-19? Some CEE countries can afford policy responses like developed markets as their central banks kick-start QE support programmes.
A worldwide lockdown has created havoc for retailers as their customers are forced to stay at home. There has been a little respite as sales in March surged due to panic buying but that has given way to a lockdown that keeps stores closed
Czech National Bank surprised the markets by lowering the two-week repo rate by 75 bp to 0.25%.
The torrent of capital fleeing Emerging Markets (EMs) securities has stopped and these markets saw a modest inflow in April, reported the Institute of International Finance (IIF) on May 4.
There are encouraging signs that the authorities in Central Europe have brought the virus under control and policymakers are slowly starting to ease lockdown measures, which will support a recovery in activity, but a sharp slowdown remains inevitable
Environment Minister Richard Brabec says drought has affected 80% of the country's groundwater sources due to a combination of low precipitation and rising temperatures.
Tentative lifting of lockdowns in Central and Southeast Europe as number of new cases dwindles.