PRAGUE, Nov 7 A divided Czech National Bank
(CNB) held interest rates on Thursday, with the knock-on effect
of economic weakness abroad staying its hand as new economic
forecasts issued by the bank pointed to two hikes by next March.
PRAGUE The European Union's eastern and southern countries on Tuesday rejected efforts to cap aid they receive from the EU budget and attach conditions, fearing "the poorer will get less and the richer will get more".
PRAGUE, Nov 5 The European Union's eastern and
southern countries on Tuesday rejected efforts to cap aid they
receive from the EU budget and attach conditions, fearing "the
poorer will get less and the richer will get more."
PRAGUE The Prague state attorney said on Friday he had halted a criminal investigation into whether Czech Prime Minister Andrej Babis had abused EU subsidies, ending what had become a major headache for the businessman-turned-politician.
PRAGUE Fizzled investments, cyber security warnings and a Prague mayor defying Beijing by forging his own diplomatic path are muddying inroads China has made into the Czech Republic as it seeks to extend its influence in Europe.
PRAGUE Czech Prime Minister Andrej Babis said on Sunday there would be a snap election if his coalition partner goes through with threat to quit, raising the prospect of more political turmoil after weeks of street protests against his rule.
PRAGUE The Czech minority government led by the populist ANO party on Thursday survived a vote of no confidence called by the opposition, after a series of public protests against Prime Minister Andrej Babis.
PRAGUE Czech Prime Minister Andrej Babis has dug in to resist a criminal investigation, a slap from European auditors and possibly the biggest protests in three decades of democracy.
PRAGUE The European Commission has determined that Czech Prime Minister Andrej Babis is in conflict of interest because of his business empire placed in trust funds, and the country may lose some EU funding as a result, daily Hospodarske noviny reported on Friday.
PRAGUE Global security officials agreed a set of proposals on Friday for future 5G networks, highlighting concerns about equipment supplied by vendors that might be subject to state influence.