Czech Republic

Business, finance, investment and politics in the Czech Republic from an Austrian, Central, Eastern European perspective
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Czech Industrial Sector Shrinks

In November 2012, industrial production decreased at constant prices by 3.9%, year-on-year; working days adjusted industrial production decreased by 6.2%.

January 7, 2013

Czech Republic: Exports Grew, Imports Fell

In November 2012, according to preliminary data of ‘border statistics’, current price exports rose by 4.2%, while imports fell by 2.4%, year-on-year (y−o−y), respectively.

January 7, 2013

CESEE: Construction Industry Shrinks Further

The European research institute Euroconstruct expects a negative development for the construction industry in the CESEE region.

January 5, 2013

Automotive Industry in CESEE Region Booms

According to an analysis issued by Austrian Erste Group, every fourth car produced in the EU in 2013 will be "Made in CEE".

December 28, 2012

Czech Republic Does Not Fulfill Maastricht Criteria

At the moment, joining the eurozone is no issue for the Czech Republic. The stability criteria are still not fulfilled anyway.

December 28, 2012

Czech Republic: Overall Confidence in Economy on the Rise

Overall confidence in domestic economy increased in December. The composite confidence indicator (economic sentiment indicator) increased by 1.1 points compared to November.

December 27, 2012

Government Crisis in Czech Republic

After the new Minister of Defence was removed, the coalition collapses.

December 21, 2012

CESEE: Deposit Growth Slows Down

Given the sketched regional loan growth dynamics and their most important drivers it comes as no surprise that deposit growth rates in CEE also decelerated in recent months, Raiffeisen Research states.

December 21, 2012

Czech Parliament Resolves VAT Increase

After months of controversies, the Czech Chamber of Deputies approved the government´s taxation plans.

December 21, 2012

CESEE: Airline Industry in Severe Crisis

The airline industry in East and Southeast Europe faces enormous difficulties. Not only Polish LOT needs immediate help.

December 21, 2012