Czech Republic

Czech financial assets growth sluggish

Growth in the total financial assets in the Czech economy dipped in the first quarter of 2008 to 1%, according to a quarterly financial accounts report from the Czech National Bank.

Koruna's climb hampering economy: CNB officials

Zdenek Tuma, the governor of the Czech National Bank, and Mojmir Hampl, a member of the central bank's rate-setting board, have warned that the appreciation of the koruna is damaging the country's economy, prompting speculation that the central bank will…

Don't stall on euro decision: ex-CNB deputy

Ludek Niedermayer, a former deputy governor at the Czech National Bank, has warned the government against pursuing a wait-and-see strategy on joining the eurozone, describing such behaviour as "a little bit cowardly".

Czech Board's March minutes

The minutes of the March meeting of the Czech National Bank's board show that six of the seven members voted to keep the two-week repo rate unchanged at 3.75%.

Czech challenges in monetary policy

A new paper published by the International Monetary Fund concludes that Czech National Bank will have to raise rates if the proposed reduction of the inflation target in 2010 is not fully incorporated into public-sector behaviour and inflation is above…

Czech capital markets: growth and regulation

This presentation from Vladimir Tomsik, a board member of the Czech National Bank, sets out how the Czech capital markets have grown and how the regulatory environment has changed over the last 20 years.

Ex-minister questions Czech independence

Jan Mladek, a Czech member of parliament and former government minister, has claimed that Vaclav Klaus, the president of the Czech Republic, is abusing his power to appoint senior members of the Czech National Bank's staff.

London calling for Czech governor Tuma?

The Czech government has nominated Zdenek Tuma, the governor of the Czech National Bank, to become the next president of the London-based European Bank for Reconstruction and Development (EBRD).

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