The Czech Republic, Slovakia, Hungary, and Romania interconnected their daily markets with electricity in the project CZ-SK-HU-RO Market Coupling (4M MC) on November 19, 2014.
A support of innovation activities is necessary to keep the competition advantage of the Czech Republic as an investment locality and the economic growth sustainability.
Energy safety, the situation in Ukraine and defence and security issues were among the main topics of the talks held by Czech Prime Minister Bohuslav Sobotka (ČSSD) and US Vice-President Joe Biden in Washington.
Fitch Ratings agency has confirmed the rating of A+ with a stable outlook for the Czech Republic for the long-term foreign currency liabilities.
The prices of industrial producers in the section of coke and refined oil products decrease, according to the analyst Jiří Škop from Komerční banka in October by 4.8 % mainly thanks to a lowering of oil prices, the price of which has decreased by 31 % since June 23 in US dollars.
In September 2014, unemployment reached 5.7 % in the Czech Republic.
A total of 64 % of marketing managers of B2B companies expect an increase of turnover in the Czech Republic in the year 2015.
Czech Republic’s gross domestic product, adjusted for pricing and seasonal factors, grew 2.3% y/y and 0.3% q/q in Q3 2014, according to preliminary estimations made by the Czech Statistical Office.
The Czech National Bank (ČNB) predicts that overall inflation will increase primarily as a result of growing economic activity and accelerating growth of salaries.
Totally 8 employers announced mass layoffs in October 2014. They will lay off 602 employees.