PRAGUE Czech Prime Minister Andrej Babis will be investigated further for fraud in a case involving European Union subsidies, the top state attorney said on Wednesday, reversing an earlier decision to drop the matter.
PRAGUE/HONG KONG Home Credit, controlled by the Czech Republic's richest businessman Petr Kellner, on Thursday dropped plans for a Hong Kong listing seen valued at around $1 billion after the consumer lender struggled to achieve its hoped-for valuation.
PRAGUE Around a quarter million Czechs rallied against the prime minister and president on Saturday over concerns the pair are chipping away at democracy in the deeply divided nation celebrating the 30th anniversary of the Velvet Revolution.
PRAGUE The view from Pavel Kacirek's apartment overlooking Prague's majestic Old Town Square should make it the dream home, but the hordes of tourists and clogged streets mean it no longer is. | Video
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.