Macroeconomic news

14
September 2016

Analysts: Pressure to strengthen koruna at beginning of September fades

The pressure on strengthening the koruna in the first days of September 2016 has faded, according to Generali Investments CEE chief economist Radomír Jáč, referring to the data about the 10-day balance of the Czech National Bank.

14
September 2016

ČNB’s total assets and liabilities drop to CZK 1.970tn

Total assets and liabilities of the Czech National Bank (ČNB) amounted to CZK 1.970tn as on September 10, 2016.

13
September 2016

CNB: Current account balance ended with CZK 100m surplus in Q2

The balance of the current account of the balance of payments ended with a surplus of CZK 100m in Q2 2016.

13
September 2016

Analysts: J. Rusnok intervenes against inflow of capital

The governor of the Czech National Bank (CNB), Jiří Rusnok, verbally intervenes against the inflow of speculative capital with his statement about the possibility of postponing the termination of the exchange rate commitment to 2H 2017.

13
September 2016

The government has approved EUR 53m for support of start-ups

On September 12, 2016, the government of the Czech Republic approved the creation of a new Risk Capital subsidy programme.

13
September 2016

SFRB budget for the year 2017 reckons with expenditure of CZK 2.14bn

The budget of the State Housing Development Fund (SFRB) expects expenditure of CZK 2.14bn for the year 2017.

13
September 2016

J. Rusnok: Economy still deserves eased monetary conditions

Czech economy still deserves eased monetary conditions, Czech National Bank’s (CNB) governor Jiří Rusnok has stated at the CNB roundtable held in Ostrava on September 13, 2016.

12
September 2016

CEEC: Government investors focus on price more than private ones

Price is the top priority for public investors awarding building contracts. Building companies’ directors awarded government investors with 2.3 on a scale of one to ten, where 0 is focus on price only and 10 on quality only.

12
September 2016

Summary: Draft budget supported by trade unions and employers

The Confederation of Industry (SP ČR) supports the draft budget for 2017 and appreciates expenditures for applied research and transport.

11
September 2016

OVM: M. Singer: Economy would handle potential crisis

Czech Republic’s economy is in good condition and would handle a potentially returning crisis, Czech National Bank’s (CNB) ex-governor Miroslav Singer has stated in Czech Television’s political discussion show Otázky Václava Moravce.

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