The country's deep pockets enabled the government to react swiftly to buoy up the economy in the wake of the pandemic.
Central & Eastern Europe
Latest articles from Czech Republic

Robust Czech banks eye digital future
June 21, 2021The Czech banking sector has survived the pandemic with relatively low non-performing loans and high liquidity.

Czech central bank governor prepares for interest rate hikes
June 11, 2021Jiri Rusnok on a difficult past year and balancing the country’s obligation to join the eurozone with its traditionally eurosceptic politics.

Czech finance minister queries Green Deal implementation
March 11, 2020The Czech Republic's finance minister discusses global trade tensions, the implementation of the country's digital tax, and the impact if the EU's Green Deal.

Net4Gas breaks new ground with unique exchange offer
November 1, 2018Czech energy company Net4Gas's unusual exchange deal held a special appeal for local investors.

Czech National Bank governor looks to a stable 2018
February 1, 2018Having lifted the exchange rate cap on the koruna after more than three years in 2017, the governor of the Czech National Bank talks to Stefanie Linhardt about his expectations for the year ahead.

Czech consumer lender Home Credit spreads its wings
August 1, 2017Jiri Smejc, chief executive of Czech lender Home Credit, tells Stefanie Linhardt why China represents a vital step outside its central European comfort zone.

Czech finance minister looks to keep momentum going
March 1, 2017Having tackled the country's tax system in 2016, Czech Republic finance minister Andrej Babiš is turning his energies to the task of promoting growth while reducing the deficit. He talks to Stefanie Linhardt.

Moneta Money Bank awaits GE Capital’s final European move
November 1, 2016As US conglomerate GE widely withdraws from banking in Europe, its latest and last beneficiary has been renamed Moneta Money Bank, which has reworked itself for the local Czech market. Stefanie Linhardt reports.

Top 100 central and eastern Europe EU banks ranking: Tier 1 capital ebbs as dollar strengthens
May 1, 2016Bulgarian lenders bucked the trend as Tier 1 capital contracted in most of central and eastern Europe, while Czech institutions retained their status as most profitable banks in the region.