Petr Necas

“We Want to Return to the Mainstream”

The new Czech Prime Minister Bohuslav Sobotka announced that the country will become a member of the EU Fiscal Pact.

February 7, 2014

Czech Economy to Grow Not Sooner than 2016

The Czech economy will struggle to show economic growth both this and next year, according to the Czech Federation of Trade Unions CMKOS.

January 21, 2014

Czech Republic: Babis Claims Finance Ministry

Andrej Babis, head of the second-largest Czech party, wants to become Minister of Finance. The Czechs face a new austerity package.

December 28, 2013

Czech Republic: Sobotka Commissioned to Form Government

Czech President Milos Zeman engages the head of the social democrats (CSSD) Bohuslav Sobotka to form a new cabinet.

November 21, 2013

Czech Republic: One Third to Vote for CSSD

According to a poll, 28 percent of Czechs would vote for the Czech Social Democratic Party (CSSD) if an election was held now.

September 10, 2013

Czech Republic: Early Elections on Their Way

On Wednesday Czech President Milos Zeman has signed the dissolution of the House of Representatives.

August 28, 2013

Czech Republic: Zeman Signs Parliamentary Dissolution

Zeman will sign the parliamentary dissolution on August 28. The path is now clear for early elections at the end of October.

August 22, 2013

Czech Parliament Votes for New Elections

The Czech House of Representatives has decided its dissolution on Tuesday evening and therefore clears the way for early parliamentary elections, which in all likelyhood will take place on October 25 and 26.

August 21, 2013

Czech Ex President Klaus Not to Return to Politics

Contrary to certain rumors, former President Vaclav Klaus does not plan to return to politics.

August 20, 2013

Czech Republic: New Trial for Dissolution of Parliament

The Czech parliament could enable new elections.

August 19, 2013

Czech Republic: New Elections Expected At the End of October

Prime Minister Petr Necas’ resignation leads to new elections soon. The Social Democrats, who want to introduce the Euro, are potential winners.

August 16, 2013

Czech Prime Minister Offers Resignation

Czech Prime Minister Jiri Rusnok has officially filed his resignation six days after a lost vote on confidence.

August 13, 2013

Czech Republic: Schwarzenberg to Run for Parliamentary Elections

The former Foreign Minister named “autocratic” President Zeman as a motivation.

August 10, 2013

Early Elections in Czech Republic Likely

After Czech’s new Prime Minister Jiri Rusnok failed the vote of confidence, there are many indicators that President Milos Zeman will announce early elections.

August 9, 2013

Czech Government Loses Vote on Confidence

The cabinet of experts of Prime Minister Rusnok only receives 93 out of 200 votes. October may be the month for early elections.

August 8, 2013

Czech Republic: Will Rusnok Remain in Parliament?

Today, August 7, 2013, the members of parliament in Prague will carry out a vote on confidence on the new government of Prime Minister Jiri Rusnok. It is unlikely that Rusnok will remain in parliament.

August 7, 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

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

Czech Republic: Nemcova Nominated As Prime Minister

Petr Necas’ handed in his resignation on Monday after a bribery scandal.

June 19, 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

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

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

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

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

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

Czech Republic: Opposition Rejects Austerity Measures

Opposition leader Sobotka was re-elected last Friday as chairman of the Social Democrats. In an interview with Reuters he explains why the government needs to slow down on austerity measures.

March 18, 2013

Czech Republic: CNB Fights Against Recession

As the interest rate was cut to a technical zero, the Czech National Bank considers intervening against the crown.

March 4, 2013

CEZ: Czech Republic Calls Brussels for Help

After the Czech energy group CEZ has lost its license in Bulgaria, the Czech government wants Brussels to put pressure on Sofia.

February 25, 2013

Bulgaria Cuts Energy Prices

After heavy citizens´ protests, the Bulgarian government has lowered the energy prices by 8%. Moreover, the Czech energy group CEZ loses its license.

February 19, 2013

Necas Supports Turkish EU Membership

On the occasion of Prime Minister Erdogan´s visit in Prague, his Czech counterpart Necas assured to support Turkey´s candidacy.

February 6, 2013

Czech Republic: Disputes Over Fiscal Pact

In the Czech Republic, the ruling coalition parties do not have a common point of view.

January 31, 2013

Czech Government Rejects New Elections

After Milos Zeman was elected as new President of the Czech Republic, he called for new elections. A change of government would be rather likely.

January 28, 2013

Czech Republic: Czech Government Withstand Another Vote of Confidence

The stability of the Czech government is still doubtful. For the time being, the coalition can deal with the pressure from the opposition.

January 18, 2013

Government Crisis in Czech Republic

After the new Minister of Defence was removed, the coalition collapses.

December 21, 2012

Czech Parliament Resolves VAT Increase

After months of controversies, the Czech Chamber of Deputies approved the government´s taxation plans.

December 21, 2012

Czech Republic: Euro Introduction No Issue Yet

The Czech Prime Minister Petr Necas explained that the Czech Republic does not strive for becoming a member of the Eurozone.

December 21, 2012

Banking Union: Czech Republic Cautious

For the time being, the Czech Republic will not join the single supervising mechanism.

December 15, 2012

Czech Republic Still May Use Veto Against Banking Union

The Czech government wants to secure the rights of national regulation authorities.

December 5, 2012

Pension Costs to Increase Moderately

According to CNB (Czech National Bank), pension costs will increase by 3.0% of GDP in the next fifty years.

November 30, 2012

Czech Republic: Budget Approved

Next year, the Czech state budget is planned to reach 2.9% of GDP.

November 22, 2012

Czech Republic to Enlarge Nuclear Energy Production

Until 2014, the Czech Republic wants to double the share of nuclear energy production. The Temelin and Dukovany nuclear power plants will be enlarged.

November 9, 2012

Czech Government Overcomes Vote of Confidence

The majority of the members of the Czech Parliament approved the amended austerity program.

November 7, 2012

Future of Czech Government Uncertain

Although Prime Minister Petr Necas was confirmed as party leader of the governing ODS, the government is still threatened to collapse.

November 6, 2012

Czech Republic and Slovakia: Nuclear Power Remains Main Energy Source

The Czech Prime Minister Petr Necas and his Slovak counterpart Robert Fico underline that nuclear energy will remain the future technology.

October 30, 2012

Czech Government to Change?

Prime Minister Petr Necas is under pressure. A failed austerity package would cause a government change.

October 23, 2012

Poland Favors Banking Union, Czech Republic is Skeptical

The governor of the Polish National Bank Marek Belka calls for joining the banking union. The Czech Republic may use the right to give a veto.

October 20, 2012

Czech Government Attempts to Stimulate Growth

On the one hand, the Czech government deepens the austerity measures. On the other hand, growth-stimulating investments should be initiated.

October 13, 2012

Czech Deficit in 2013 at 2.9% of GDP

The Czech Government presented the budget bill for 2013. The Maastricht Criteria should be fulfilled.

September 29, 2012