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Czech Republic in Austria | Czechs in Vienna | Bilateral Relations
Austria and the Czech Republic - Read the latest headlines about bilateral relations in the areas of economy, diplomacy and culture
Czech Republic: Unwilling to Join Eurozone?
In 2012, the country missed two out of four criteria for the introduction of the single currency. According to the statistical office it was the worst result in five years. It is not yet clear when the Czech Republic is ready to join the Eurozone.
July 31, 2013
EVN Forced to Lower Electriciy Prices in Bulgaria
Austrian energy provider EVN is ordered by the regulator to drop electricity prices.
July 30, 2013
Czech Republic: US Export-Import Bank Offers Loan for Temelin
The official export credit agency of the United States offers a loan under the condition that Westinghouse wins the tender.
July 30, 2013
Czech Republic: President Zeman Names 15 New Ambassadors
The step had been delayed for several months over Zeman’s dispute with Foreign Minister Karel Schwarzenberg over the filling of ambassadorial posts in Bratislava and Moscow.
July 26, 2013
Czech Republic to Remain in Recession
The Czech economy will, according to the Finance Ministry in Prague, shrink by 1.5 percent and only start growing again in 2014 by 0.8 percent.
July 26, 2013
Czech Republic: CEZ to Postpone Completion of Temelin
Czech energy company CEZ announced that the decision for the finalization of nuclear power plant Temelin will take at least a year longer than planned.
July 25, 2013
Czech Banking Industry Reduces Lending Significantly
According to a survey issued by the Czech National Bank, banks tightened their credit standards in all the monitored credit market segments in 2013 Q2.
July 22, 2013
Construction Industry Shrinks Drastically in Czech Republic and Poland
Euro area production in construction down by 0.3% and down by 0.2% in EU27.
July 17, 2013
Czech Republic: Gloomy Prospects for Economy
The Czech economy is shrinking. According to experts, new Prime Minister Jiri Rusnok will not be able to change much. Enterprises have started to cut back on investments.
July 12, 2013
Erste Group Bank AG - SWOT Analysis & Company Report
This report contains in depth information and data about Erste Group and its operations and markets. It contains a company overview, business and strategy description, financial ratios, valuation & forecast data, SWOT analysis, plus data on key events.
July 12, 2013
New Czech Government Sworn In
Czech President Milos Zeman has announced the new government of Prime Minister Jiri Rusnok on Wednesday and sworn in. The team of 15 mostly independent experts replaces the cabinet of Petr Necas, who has stepped back due to a corruption scandal.
July 10, 2013
Visegrad Four Support Ukraine’s EU Integration
At the V4 summit in Wisla/Poland Slovak President Gasparovic announced yesterday that the V4 countries are interested in Ukraine’s successful European integration, particularly in signing the Assciation Agreement with the EU.
July 4, 2013
Conwert Pushes Portfolio Streamlining In CEE
The Austrian ATX-traded conwert Immobilien Invest SE has successfully sold a commercial property in the city of Brno, Czech Republic.
June 28, 2013
Austrians to Invest Strongly in FDIs
Austrian investors have increased their direct investments in foreign countries by eleven percent to a total of € 145.5bn while FDIs in Austria remain unchanged at € 118.3bn.
June 26, 2013
Czech Republic: Rusnok New Head of Government
Czech President Milos Zeman has appointed his confidant Jiri Rusnok head of a government of experts.
June 25, 2013
Zeman Favors Government of Experts
After Prime Minister Petr Necas‘ resignation, President Milos Zeman prefers the induction of a government of experts.
June 24, 2013
Czech Republic: Zeman’s Turn to Announce New PM
After Czech ruling party ODS has nominated Miroslava Nemcova, Chairwoman of the Chamber of Deputies, as candidate for the ministerial office, it is now President Milos Zeman’s turn to appoint the head of government.
June 21, 2013
Czech Republic: Nemcova Nominated As Prime Minister
Petr Necas’ handed in his resignation on Monday after a bribery scandal.
June 19, 2013
Slovakia and Unicredit in a Dispute
In Slovakia a dispute between Unicredit and the state has incensed. This could negatively affect the planned merger with a Czech affiliate in 2014.
June 17, 2013
V4 Want Free Trade Zone Between EU and Japan
The Visegrad Four Group (V4), which consists of Poland, the Czech Republic, Slovakia and Hungary, support the creation of a free trade zone between the European Union and Japan.
June 17, 2013
Czech Republic: Necas Steps Back
Czech Prime Minister Petr Necas draws the conclusion from his corruption scandal and announced to step back.
June 17, 2013
CEESEG Exchanges Offer Very Attractive Valuations
Valuations of all exchanges in the CEE stock exchange group (CEESEG) appear to be very favourable at the moment.
June 17, 2013
Czech Republic In Turmoil Over Corruption Scandal
The Czech Republic’s political landscape is in turmoil due to the scandal. The investigations have begun on Thurday with country-wide raids. More and more bizarre details seem to appear.
June 14, 2013
Half of Czech Republic’s Citizens Unsatisfied With Zeman
The Czechs are divided about the administration of President Milos Zeman.
June 12, 2013
Highwater Damages for VIG Up to € 45 Million
Austria’s biggest insurer estimates with net costs double the amount than in 2002.
June 11, 2013
WKO Export Day in Vienna
On June 20, the Export Day (Exporttag) of the Austrian Chamber of Commerce (WKO) will take place in Vienna. Economic delegates from all over the world will be present.
June 8, 2013
Moody's: Overall Fiscal Situation In CEE Is Improving
Because of austerity measures in most of the countries, the economic situation is slowly but steadily improving.However, the latest competitiveness report pains a bleak picture of the future.
June 7, 2013
WIIW: FDI in CESEE to Decline
The Vienna Institute for Economic Studies (WIIW) forecasts a decrease of 20 percent in foreign direct investments.
June 7, 2013
Croatia to Expect Disciplinary Procedure by EU
The Ex-Yugoslavian country has to face harder scrutinizing than its CESEE peers which joined the EU in the last decade.
June 5, 2013
Lopatka: "Visa Cooperation Reinforces Mutual Ties Between Austria and the Czech Republic"
Austrian State-Secretary on the signing of a new agreement and working meetings in Prague.
June 4, 2013
Czech Republic: Dumping Offers for Building of Highway
Major construction companies screw down prices for the building of a highway segment from Linz to Prague.
June 3, 2013
Czech Repubic to Restrict Budget Cuts
To boost domestic economy, the Finance Ministry announced to temporarily restrict budget cuts.
May 31, 2013
Czech Republic Not to Introduce Euro Before 2019
According to reports by the Czech media, the new government intends to apply for the Euro only in 2016.
May 31, 2013
Czech Republic: Russia to Offer Significant Investments in Return for Temelin Tender
Czech Prime Minister Necas emphasized on the transparency of the decision.
May 28, 2013
Zeman Demands Stock Exchange for CEE
Czech President Milos Zeman has declared himself in favor of the merger of the stock exchanges in Prague and Warsaw.
May 24, 2013
IMF Recommends Czech Government to Reduce Budget Cuts
With worse-than-expected current economic circumstances the IMF recommends the Czech Republic to moderate budget cuts.
May 22, 2013
Raiffeisen Centrobank to Join Prague Stock Exchange
Raiffeisen Centrobank joins the Prague Stock Exchange as trading member.
May 22, 2013
MotoGP™ and bwin Continue Partnership Until 2015
Commercial rights holder of the MotoGP™ World Championship, Dorna Sports, and bwin, Europe’s largest sports book, announce a two-year extension of their longstanding partnership which began in 2004.
May 22, 2013
Majority of Czechs Want to Keep the Koruna
A clear majority of Czech citizens reject the Euro and want to keep their national currency, the Czech Koruna.
May 14, 2013
Main Investors at CEE Stock Exchange Group from US
Institutional Investors and the CEE Stock Exchange Group in 2012.
May 13, 2013
CEE/CESEE: Banking Sector on Fastlane
The banking sector in CEE continues to outperform its Western European counterpart.
May 13, 2013
Bulgaria: CEZ to Keep License
Former PM Borisov had been critical of CEZ in Bulgaria. Energy Minister Vasilev annouced the power supplier would not lose its license.
May 13, 2013
CEESE: Economic Growth Stagnant
Orban claims Hungary is the country with the highest growth rate in CEE/CESEE next year.
May 10, 2013
Czech Republic: Extraordinary Income Boosts CEZ Results
Increase in net profits by 24 % results from revenues from the certificates and integrations.
May 8, 2013
Czech Republic to Improve EU Relations?
Visits from high EU officials should herald the start of a new era in the relation between the Czech Republic and the EU.
May 3, 2013
CESEE: Business Climate Index Dropped in April
Enterprises in CESEE countries remain cautious for the most part.
May 2, 2013
Turkey: CEZ Partner to Sell Stakes
CEZ's Turkish JV partner Akkok in talks about possible sale of its stake in SEDAS
April 30, 2013
EU Ready to Adopt Measures Over CEZ in Bulgaria
Van Rompuy promised to take actions during his visit in Prague.
April 29, 2013
Czech Republic: New Rounds of Negotiations for Temelin Tender
Czech power provider CEZ has started another round of talks with bidders in the offer to extend the Temelin nuclear power plant in southern Bohemia.
April 24, 2013
Czech Republic: Schwarzenberg Threatens to Leave Government
Statements made by Czech President Milos Zeman concerning the dispute about the appointment of ambassadors during his recent visit in Vienna, have incensed Czech Foreign Minister Karel Schwarzenberg.
April 24, 2013
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