Czech Republic
bneGREEN: Global investors turn to green energy and away from fossil fuels
The world’s largest global debt and equity investors are continuing to invest in renewable energy despite the pandemic, driven by the wealth of investment opportunities, the Institute for Energy Economics and Financial Analysis said.
Brussels approves Czech national recovery plan but warns about Babis' conflict of interest
€8bn in EU grants could be held up because of dispute over Prime Minister Andrej Babis' continuing control of his Agrofert holding.
CEE dealmaking back at pre-COVID levels in H1, says Mergermarket
The first half was particularly strong in the mid-market and smaller-ticket segment.
bneGREEN: EU carbon pricing set for radical reforms
The European Commission is to publish legislation on July 14 that will detail the EU’s plans, dubbed “Fit for 55,” to reduce greenhouse gas emissions by 55% from 1990 levels by 2030 as part of wider reforms to European energy and climate laws.
bneGREEN: CEE surfs the green bond wave
Issuance has been impressive but in some countries green bonds are still to get off the ground, while in others there is a shortage of high-yield, local currency or 'dark green' issues.
wiiw raises its GDP forecast for 20 out of 23 countries in CEE
The Vienna Institute for International Economic Studies has raised its GDP growth forecasts for 20 out of 23 countries in Central and Eastern Europe as the coronavirus (COVID-19) pandemic starts to recede.
bneGREEN: What is green?
Defining green energy and indeed green investments is not an exact science, Determining just how green each of the various energy sources are gets complicated once you start digging into the details.
CONFERENCE CALL: Economists warn over inflation and rising debt
As the world starts to emerge from the Coronacrisis, economists on an EBRD panel warned over rising inflation, debt and the uneven recovery from the crisis, with emerging markets and developing economies lagging behind their richer peers.
Czech Republic posts best manufacturing PMI improvement ever
The Czech Republic Manufacturing PMI index soared in June to 62.7 in June. However, problems in supply chains could take the edge off growth.
CEE regional sentiment up again in June but analysts warn of price pressures
Capital Economics analysts point to evidence of growing price pressures in eastern EU members.
bneGREEN: Hydro’s elderly turbines need fresh investment to contribute to net zero
Hydro needs new investment to replace elderly infrastructure and accelerate the road to net zero, the IEA says.
Under half of emerging Europe economies to achieve full recovery in 2021
EBRD says recovery from the coronacrisis is progressing faster than expected, but many emerging Europe economies won’t return to 2019 levels of GDP until 2022.
MITTELEUROPEAN INSIGHTS: Czech and Hungarian central banks in sync in 2021 but longer term CNB to outpace MNB
This week the Czech National Bank increased its key interest rate for the first time in the last 16 months, while the Hungarian National Bank did so for the first time in the last 10 years.
bneGREEN: Most green energy beats coal on price in 2020
162 GW, or 62%, of new renewable capacity was cheaper than new fossil fuel-fired generation in 2020
Czech central bank raises key rate by 25bps to 0.5%
Global inflationary pressures together with the fast recovery in the region from the pandemic are sparking fears that this could set off an inflationary spiral.
Moneta Money Bank shareholders fail to back PPF takeover
PPF is expected to restructure the deal to achieve its long-term ambition to build a Czech banking empire.
DATACRUNCH: Central banks hike rates in the fight against inflation
The economies of Central and Eastern Europe (CEE) are bouncing back from the pandemic recession but this will also stimulate inflation, posing a dilemma for central banks.
Central European monetary policymakers set to raise rates this week
Hungarian and Czech central banks could be first in EU to raise rates despite ongoing pandemic.
Southeast Europeans most likely in EU to believe corruption is getting worse
Transparency International survey shows citizens of Slovenia and Bulgaria were most likely to think their government was run by a few big interests looking out for themselves.
ING: So what is a greenium and how do we get to it?
The existence of a "greenium" is mostly justified by higher demand for green bonds. We estimate the greenium for each curve separately, ensuring it is not polluted by other factors such as sector or maturity.
