Artificial intelligence paves the way for FDI in the Czech Republic
The Czech government recently approved its national strategy for AI 2030 with an investment plan of around Czk 19 billion. There are many opportunities for Italian companies
Italian-Czech Business Forum: Lombardy and the Czech Republic together to grow
150 Italian and Czech companies participated in the event organized by the Consulate General of the Czech Republic in Milan. The aim of the meeting was to consolidate economic and political relations between Lombardy and the Czech Republic
Milan Kundera will forever be remembered for his masterpiece The Unbearable Lightness of Being
Milan Kundera, the Czech author of "The Unbearable Lightness of Being", whose provocative novels have delved into the enigma of the human condition, has died in Paris at the age of 94. This was reported on Wednesday by a spokeswoman for the Milan Kundera Library in his city…
The Czech Sphinx strikes again: Daniel Kretinsky aims at the French supermarket chain Casino
The Czech billionaire aims to take control of the seventh national large-scale distribution group through a 1,1 billion capital increase - And he has snatched a purchase option from Vivendi for the second transalpine publishing house
Who is Daniel Kretinsky, the mister K who rises in tech, energy and publishing
The Czech billionaire, former lawyer, retail and energy operator – Owner of the EPH group, master of many media and a great football fan – That's who Daniel Kretinsky is
Kellner (former Generali shareholder) dies in a helicopter crash
Petr Kellner dies in helicopter crash in Alaska - Former Generali shareholder and founder of PPF was the richest man in the Czech Republic
Czech Republic: growth is also a confirmation for Made in Italy
Despite the slowdown, the economic dynamics of the Czech Republic are confirmed at good levels with interesting opportunities for Italian exports: the average purchasing power has grown and the percentage of population below the threshold of…
HAPPEN TODAY – The invasion of Czechoslovakia and the end of the Prague Spring
VIDEO - In the night between 20 and 21 August 1968, the tanks of the USSR and the Warsaw Pact invade Czechoslovakia to repress Socialism with a human face by Alexander Dubček. Spring ends in blood…
Daniel Kretinsky: here is the new master of half of Europe
According to Forbes, he is one of the richest men in Eastern Europe: he controls the most important slice of consumer electronics retail and food wholesale, owns the majority of the most polluting mines on the continent and owns many media…
Czech Republic and Slovakia: growth is there but manpower is scarce
The growth of the two countries continues to be driven by private consumption, domestic demand and exports, but both are weighed down by the volatility of the international trade scenarios, in particular for industrial products towards EU partners and the lack of…
Investments: in Eastern Europe it is better to focus on small towns
According to an elaboration by the European Commission on some data from the World Bank, in Slovakia and Croatia (but also in Portugal) it is easier to do business in small towns than in the capitals - The only one to save itself is Prague
Emerging markets: only India holding back, Central-Eastern Europe doing well
From the "Current Report on Emerging Markets" by Raiffeisen Capital Management - The asset management company, which is part of the main Austrian banking group, provided insights on India, Poland, the Czech Republic and Hungary (the CE3).
EU rejects Hungary's anti-migrant appeal
The judges of the EU Court of Justice reject the request for annulment of the quota system presented by the governments of Budapest and Bratislava - The mechanism "helps to help the countries, especially Italy and Greece, most crowded by the waves…
Czech Republic "unhooks" the currency from the euro
The CZECH National Bank has decided to de-peg the koruna from the euro. The reference rate of the national currency, anchored for three years at 27 crowns per euro, will therefore be abandoned. The decision comes after an extraordinary monetary policy meeting…
Poland and the Czech Republic - that's why they are growing
Also for this year the economic stability pursued by the two countries is evaluated very positively: GDP at +4,5% and +3,5% respectively, with the public deficit stopped at 2% - But beware of the current account deficit.
Automotive market: we focus on Germany and the Czech Republic
From the data published by Atradius and VDA, the Czech sector has benefited most from the global recovery, while the German one still offers the greatest guarantees. In China the greatest opportunities, but watch out for Russia.
Here's what the Czech Republic can teach us in terms of competitiveness
Domestic demand and investments are expected to support the Central European country's growth in the coming year, thanks to Prague's ability to increase exports in a context of financial stability and a strengthening of the exchange rate in real terms - As recently…
Czech Republic: exchange rate and austerity to revive exports
The international financial markets have an overall positive view of the country, with an export/GDP ratio among the highest in the EU and where the intervention of the Central Bank has averted the risk of deflation.
Telefonica: go ahead with the sale of the activities in the Czech Republic
The Spanish telecommunications giant aims to sell its 69% stake in Telefonica Czech Republic to alleviate its debt situation - Among the possible buyers, the Czech investment company PPF, in the hands of Petr Kellner, stands out.
Emerging markets, the crisis does not affect Eastern Europe
For Suma Chackrabarti, president of the EBRD, the Eastern countries are safe - Investors are betting on the recovery of the West, which will return to buying goods produced by Eastern Europe, driven by exports - Doubts about the ability of these economies to hold the capitals:…
World Cup, in Turin the first match point for Prandelli's Italy: there is the Czech Republic
Tonight's Italy-Czech Republic in Turin (20,45 pm) could mean Prandelli's men pass for the 2014 Brazilian World Cup, with two games to spare (a record).
Unicredit - Populist wind in the East
A UNICREDIT study shows how Euroscepticism is growing in the East - Only Poland, the largest country in Eastern Europe, seems to be moving against the trend, supported by the excellent economic performance recorded in recent years which continues to generate…
The Europe of disenchantment seen from the East
A collection of essays on central Europe edited by Francesco Leoncini which shows the post '89 changes between disappointments, problems and opportunities - The book offers various interpretations to understand the transformations of the Continent starting from the Czechoslovakian movement…
Stock, the historic liqueur abandons Trieste: en route to the Czech Republic
"It is with great regret that Stock Spirits Group - reads a note - announces the closure of the production site in Trieste and the transfer of production to the plant in the Czech Republic" - In Italy costs are too high.
Czech Republic, land of investments: in Prague, despite the crisis, the economy is growing
The Central European country still has good growth margins despite the crisis - Its stability is due to the close link with Germany, which guarantees its products an outlet on a solid market - But inflation and…