Czech Republic

Czech inflation second highest ever in 2023Czech inflation second highest ever in 2023

Czech inflation second highest ever in 2023

Czechia's rate of inflation was 10.7% last year, down from 15.1% in 2022, but still representing the country's second-highest annual…

1 year ago
Czech ministries argue over ETS funds to cut climate changeCzech ministries argue over ETS funds to cut climate change

Czech ministries argue over ETS funds to cut climate change

Czechia has to decide soon on reallocating its revenues from emission allowances to reduce or compensate for the consequences of…

1 year ago
Albania tops region for sustainable energy mixAlbania tops region for sustainable energy mix

Albania tops region for sustainable energy mix

The share of renewable sources in gross final energy consumption at the EU level reached 23% in 2022, up 1.1…

1 year ago
CEE gets EU funds for cross-border 5GCEE gets EU funds for cross-border 5G

CEE gets EU funds for cross-border 5G

The EU has selected seven projects to co-fund 5G transport corridors connecting regions throughout Europe, improving road, rail, inland waterways,…

1 year ago
Czechia upped to stable rating, after delinking from Russian gasCzechia upped to stable rating, after delinking from Russian gas

Czechia upped to stable rating, after delinking from Russian gas

US rating agency Moody's Investors Service has increased its outlook for Czechia from negative to stable, meaning a rating deterioration…

1 year ago
CEE inflation eases, but V4 still EU outliersCEE inflation eases, but V4 still EU outliers

CEE inflation eases, but V4 still EU outliers

Hungary remained the EU's most inflationary economy with an annual rate of 9.6% in October, an EU statistics office Eurostat report released…

1 year ago
Auto sector slides down large company list – Coface CEE Top 500 studyAuto sector slides down large company list – Coface CEE Top 500 study

Auto sector slides down large company list – Coface CEE Top 500 study

Automotive and Transport has dropped to third place amongst large companies in CEE, as business sectors of Central and Eastern…

1 year ago
Moment of truth for Orban – ING’s report on Poland, Czechia, Romania, HungaryMoment of truth for Orban – ING’s report on Poland, Czechia, Romania, Hungary

Moment of truth for Orban – ING’s report on Poland, Czechia, Romania, Hungary

Central and Eastern Europe (CEE) is becoming increasingly diversified, ING Bank writes in a new report on Poland, Czechia, Romania…

2 years ago
VW suspends plan for EV gigafactory in CEEVW suspends plan for EV gigafactory in CEE

VW suspends plan for EV gigafactory in CEE

Volkswagen is putting its plans to construct a new electric vehicle (EV) "gigafactory" in Central and Eastern Europe (CEE) on…

2 years ago
A new dawn for nuclear in CEE – CET analysisA new dawn for nuclear in CEE – CET analysis

A new dawn for nuclear in CEE – CET analysis

With energy-intensive industries to sustain, Central and Eastern Europe (CEE) is turning to nuclear power to simultaneously meet energy needs…

2 years ago