Czech Republic

A collection of 242 posts

IMF report shows CEE catching up on southern European neighbours

IMF report shows CEE catching up on southern European neighbours

Per capita income in Slovenia will surpass that of Italy by 2029 when adjusted for purchasing power (PPP), according to the latest International Monetary Fund (IMF) projections, while Lithuania will draw level and Poland will not be far behind. The shift makes good on promises that the Central and Eastern

CEE members mark accession anniversaries as NATO vows to back Ukraine

CEE members mark accession anniversaries as NATO vows to back Ukraine

NATO Secretary General Jens Stoltenberg agreed to progress with planning a greater role in coordinating aid to Ukraine on the first of two days of meetings at the NATO Headquarters in Brussels, Belgium, on Thursday 4 April, the 75th anniversary of the signing of the defence alliance’s founding document.

CEE countries push for Russian grain ban

CEE countries push for Russian grain ban

Czechia and Poland are campaigning to stop the importing of Russian and Belarusian grain into Europe, and the former country will formally propose a ban at the European Council meeting on Thursday and Friday, Czech Agriculture Minister Marek Vyborny said. “Conditions must not mean failing to look after the land

Czechia mulls nuclear reactors, coal phase-out

Czechia mulls nuclear reactors, coal phase-out

Czech Prime Minister Petr Fiala’s incumbent administration will decide to build at least two new nuclear power units in Czechia, Industry and Trade Minister Jozef Sikela said in an interview with left-wing daily Pravo.  The offers Czechia has received indicate that it would be prudent to construct two or

Czech firm Europe's fastest growing

Czech firm Europe's fastest growing

Czech photovoltaic distributor Raylyst Solar is the most rapidly growing company in Europe, according to the latest rankings by UK daily the Financial Times and German data platform Statista. Czech entrepreneur Jan Kamenicek founded Raylyst in 2018, and the company now delivers photovoltaic panels in Czechia, Germany, Slovakia, Italy and

V4 leaders agree on energy, immigration, but Russia remains elephant in room

V4 leaders agree on energy, immigration, but Russia remains elephant in room

The prime ministers of the Visegrad Four (V4) countries met in Prague, Czechia, for the first time in eight months, on Tuesday, 27 February.  Created back in 1991, the V4 comprises around 65mn EU citizens, but for the last two years differences of opinion about Russia’s invasion of Ukraine

Czechia, Taiwan ink nanotechnology MOU

Czechia, Taiwan ink nanotechnology MOU

Business groups from Czechia and Taiwan signed a memorandum of understanding (MOU) on semiconductor cooperation in Taipei on Thursday, 1 February. At a seminar on semiconductor investments in Czechia, Taiwan semiconductor material supplier TOPOC Scientific Co and TeaLa signed the MOU with the Czech National Semiconductor Cluster (CNSC). TeaLa and

Czech 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 inflation rate since the creation of the independent Czechia in 1993, according to data from the Czech Statistical Office (CZSO) published on Thursday 11 January.  The

Albania 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 percentage points (pp) year-on-year, the bloc’s statistics office Eurostat reports. The EU’s revised Renewable Energy Directive has upped the bloc’s 2030 renewable energy target from 32%

CEE 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, and multimodal transport. They will support 5G infrastructure deployment over cross-border sections of 5G corridors and ensure service continuity when border crossing.  Central and Eastern Europe (CEE) is well represented