Czech Republic
The chart shows absolute ranking of the selected countries in the World Bank Doing Business 2010 Report. Most SEE countries have improved their position since the last report. Despite this, they are i...
The IMF revised its global growth prognosis in the autumn edition of World Economic Outlook. Recovery in Europe could be slower than the world average because of economic rigidity. The CEE countries s...
The government approved the 2010 draft budget with a deficit of CZK 163 bln, around 5.2% of GDP. The original deficit was expected to be higher until MPs approved austerity measures in Parliament....
MPs resigned after a recent bribery scandal in which politicians from various parties were offered money for political favours....
After the postponement of early elections, Czech parties got some additional time to persuade the voters.The campaign is expected to be extremely intense, because voters have not yet decided between O...
By the end of August, international reserves stepped over 30 billion euros in Hungary. The huge increase in the assets since October 2008 is due to the IMF loan and the mending credibility of the coun...
The disputed Philips-curve (showing that inflation and the unemployment rate are inversely proportional) seems to describe accurately the trends in both crisis-hit Slovakia and the Czech Republic. Fal...
The 0.3 percent Czech GDP-growth (comparing to the previous three months) was communicated as a success and as the first sign of the recovery, but it would be blindfolded to assume an upcoming trend....
The significance of the “common fate” of regional currencies has decreased in recent months. At the beginning of 2009 the Hungarian, the Polish, the Czech and the Romanian currencies still followed th...
The new PM Jadranka Kosor is facing largely the same problems as his predecessor, such as economic slowdown, fight against corruption and organized crime, and EU accession. ...
According to a revised estimate of the Ministry of Finance the Czech economy is likely to contract by 4.3% this year, which would be the steepest decline in GDP in the history of the Czech Republic....
After a decline due to the political crisis in March and April, the new caretaker government led by Jan Fischer (and supported by both political sides) was able to increase confidence not only in the ...
Budget deficit to grow due to flood damage, and continuous debate on the ratification of the Lisbon Treaty....
The European election is seen as an indicator of party strengths ahead of early general elections in the Czech Republic; however, balance of forces can change radically in the next few months....
The interim government’s inauguration provisionally ended the political crisis, but the debate concerning the Treaty of Lisbon is still going on....
The governments cannot cooperate with the opposition as it tries to turn the crisis to its own advantage. The crisis deepens existing fault lines that undermine socio-political stability in CEE....
Countries of the region had to settle in for a long and deep economic slowdown. The political fallout may be the most severe in where loosening the budget is not an option....
In the past two months a number of extreme right were banned by court order in East- and Central-Europe.With a consistent policy, radical rhetoric may lose ground in the medium term....
After the Russian-Georgian war general anti-Russian sentiments are likely to rise and companies with Russian interests and future Russian investments will face PR problems in the CEE region....
The expected vote of no confidence most certainly will not pass. The majority remains stable and the opposition does not have the needed 121 MPs to depose the government....