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Jan Lopatka

Top Czech attorney reopens fraud probe into PM Babis

04 Dec 2019

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.

Home Credit drops Hong Kong IPO as valuation falls short

21 Nov 2019

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.

Czechs rally against political leaders on eve of Velvet Revolution anniversary

16 Nov 2019

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 locals tire of tourists, 30 years after end of Communism

15 Nov 2019

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

UPDATE 2-Czech central bank holds rates as its forecasts signal hike

07 Nov 2019

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.

"Richer will get more": Poorer states say EU spending proposals unfair

05 Nov 2019

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".

"Richer will get more": Poorer states say EU spending proposals unfair

05 Nov 2019

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."

Czech attorneys drop fraud charges against billionaire PM Babis

13 Sep 2019

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.

China's Czech advance hampered by Huawei jitters, Tibetan flags

30 Aug 2019

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.

Czech PM warns of snap election if coalition crumbles

30 Jun 2019

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.

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