Casinos raided over taxes

Czech financial administration seized money and gambling machines Add a comment

Lithuania on track for euro

EC: euro adoption preparations progressing well, room for further progress to protect consumers Add a comment

Czech currency virtually goes online

Similar to Bitcoin, the Czech Crown Coin, the Czech Republic’s own electronic currency, is now in use Add a comment

ECB reveals details for loans to banks

Previous loans criticized for not being directed at real economy Add a comment

Tykač's gold remains blocked in Switzerland

Court suspects gold is related to ‘suspicious transactions’ Add a comment

European companies lag in risk preparation

North America and Asia show better attitudes toward crisis planning Add a comment

US biggest recipient of EU investment

Russia was biggest loser as countries divested Add a comment

Success of Lobkowicz IPO still uncertain

Lobkowicz benefits from having a clear goal: production and sale of beer Add a comment

Banker bonuses under scrutiny

European Banking Authority looking to see that remuneration meets EU laws Add a comment

Bitcoin center opens in Prague

A new center has a self-service RoboCoin vending machine and face-to-face service Add a comment

Air Bank posts Q1 profit of 39 million Kč

Thanks to strong customer figures, bank also expects a profit for the entire year Add a comment

Poll: Some three-quarters of Czechs are against euro adoption

Czech support for the single currency grows slightly, but vast majority opposes it Add a comment

MOL Group buys Agip stations from Eni

Hungarian oil and gas group to have 10 percent of Czech service stations Add a comment

Reports give mixed news for financial markets

Significant fragmentation remains a problem in the EU and eurozone Add a comment

Forex interventions may end later than planned

Analysts also see no change in interest rates coming soon Add a comment

EBA unveils rules for bank stress tests

Critics say tests may paint an unnaturally negative picture Add a comment

European securities watchdog wants more resources

New responsibilities need to be supported with ‘right staff’ Add a comment

Beer maker to launch IPO on Prague Stock Exchange

Pivovary Lobkowicz plans international offering as well to support growth Add a comment

Unipetrol reports improvement

Petrochemical giant recorded significant improvement of sales volumes in all segments Add a comment

Proprietary trading ban meets opposition

Banks may be required to meet tougher regulations on risky activities Add a comment

‘Pirate of Prague’ Kožený loses appeal in US court

Ruling holds that foreign compensatory judgments issued as part of a criminal action may be enforceable in NY State Add a comment

Firms remain negative about forex interventions

Actions of central bank do not sit well with companies in the Czech Republic Add a comment

EGAP insures less, collects more

Loss projected due to need to create reserves Add a comment

Bad news for Česká spořitelna

Bank releases unaudited results for 2013 Add a comment

Telefónica CR announces financial results

Mobile data services up while landline revenues drop Add a comment

HN: Prague gets its first bitcoin ATM

Machine in Holešovice neighborhood converts physical cash into the virtual currency Add a comment

Respekt: Czech central bank may consider euro under President Zeman

News magazine suggests the influence of Euroskeptic Václav Klaus on ČNB is quickly waning Add a comment
Analysts say adoption within next five years extremely unlikely Add a comment

Currency intervention set to continue into 2015

Analysts divided but Czech National Bank says need to bolster inflation likely to end early next year Add a comment

GE Money Bank cancels dozens of jobs at start of 2014

Many other Czechs banks have also trimmed their staff numbers Add a comment