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United Kingdom

Jan Lopatka

Central Europe edges toward backing EU recovery plan but want more from pot

11 Jun 2020

LEDNICE, Czech Republic Central Europe's four-nation Visegrad Group on Thursday edged towards backing an EU plan to fund recovery from the coronavirus but said it should not favour larger, richer states or hurt smaller ones that managed the outbreak well.

Czechs to test 27,000 people to gauge coronavirus antibodies

21 Apr 2020

PRAGUE The Czech Republic will test 27,000 people for coronavirus antibodies to gain information on how many came into contact with the infection, officials said on Tuesday.

Czechs hope targeted 'smart quarantine' plan will let them lift blanket restrictions

09 Apr 2020

PRAGUE The Czech Republic is planning to roll out a system of quickly tracking and isolating contacts of people with coronavirus to eventually allow the lifting of blanket restrictions that are slowing the rise in infections but also crippling the economy.

Czech central banker: we need wider powers fast mainly to provide liquidity

08 Apr 2020

PRAGUE, April 8 The Czech central bank is seeking fast approval of a wider legal mandate to buy assets primarily to have tools to provide liquidity and support financial stability, although considering quantitative easing would also be on the table if conventional tools are exhausted, a board member said on Wednesday.

Czech virus chief defends face masks order, says they protect others

01 Apr 2020

PRAGUE The Czech government's coronavirus tsar on Tuesday defended its order for people to wear face masks outside the home, saying they were important to protect others. | Video

UPDATE 2-Czech government fails to fast-track bill giving central bank powers to act in market

24 Mar 2020

PRAGUE, March 24 The Czech government tried and failed to fast-track a bill through parliament on Tuesday that would widen the central bank's authority to act in debt markets with the aim of untying the bank's hands to buy bonds in case of market turmoil.

Czech crisis chief: we may start relaxing measures from mid-April if things go well

22 Mar 2020

PRAGUE The Czech Republic's tough measures to slow the spread of coronavirus may be relaxed somewhat in three weeks, but the country's borders are likely to stay shut to most travel for months, the head of the country's crisis committee said on Sunday.

Czech crisis chief: we may start relaxing measures from mid-April if things go well

22 Mar 2020

PRAGUE, March 22 The Czech Republic's tough measures to slow the spread of coronavirus may be relaxed somewhat in three weeks, but the country's borders are likely to stay shut to most travel for months, the head of the country's crisis committee said on Sunday.

Czech government pledges $40 billion cash and guarantees for businesses

18 Mar 2020

PRAGUE The Czech government is preparing to offer 100 billion crowns of aid for businesses and 900 billion more in loan guarantees to help the economy withstand the impact of the coronavirus, Prime Minister Andrej Babis said on Wednesday.

UPDATE 2-Czech central bank cuts rates by 50 bps amid coronavirus fight

16 Mar 2020

PRAGUE, March 16 The Czech central bank delivered a surprise 50 basis point rate cut on Monday and said it was ready to take further steps to soften the blow from the coronavirus outbreak.

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