In the push for reducing carbon, significant investment will be necessary, and in turn, funding will be required. This will provide growth for the credit market, and in particular for anything associated with ESG.
Poland reportedly plans to suspend cooperation with Czechia in the Visegrad Group until the mine’s case has been resolved in an amicable way.
Milos Zeman´s health is all the more important now when the general elections are approaching, as it is the president who nominates the head of the winning party to form a new government.
In times of crisis there is a fight to quality by bond traders who are keen to reduce their risks. However, in this crisis the countries of Central Europe have done surprisingly well thanks to ECB support.
Defining a green investment is crucial to boosting the expansion of renewable energy and preventing the mis-selling of investments by so-called greenwashing, whereby the environmental impact of a product is misrepresented.
The European Commission is currently not reimbursing the Czech state for subsidies given to Agrofert and has threatened to stop reimbursing Czech spending on wider EU subsidies until the government clarifies its policy.
Poland fined €500,000 per day for failing to abide by order to halt the Turow lignite mine’s operations immediately.
Both car producers Skoda Auto and Toyota had to extend their traditional summer shutdowns due to lack of chips.
The global pipeline of proposed coal power plants has collapsed by 76% since the Paris Agreement in 2015, bringing the end of new coal power construction into sight, new research by green think-tank E3G finds.
Finland’s Betolar is pioneering the production of low-carbon cement by using alternative industrial waste products in a process that could reduce CO2 emissions by up to 80%.
Million Moments chairman says his protest movement is ready to take centre stage again as Prime Minister Andrej Babis chases re-election next month.
Czech inflation rose to 4.1% year-on-year in August, the highest since November 2008, up by 0.7 percentage points.
Targeted EU fiscal rule reform is desirable but should consider the inherent risks for smaller member states.
Startups in emerging Europe developing alternative proteins are part of a growing movement aimed at helping to fight climate change and feed the world’s expanding population.
The figure is down from 3.7% in July and by 0.2 percentage points year-on-year, making it the lowest among EU members.
But complications in the supply of raw materials and necessary components may lead to production fluctuations in the coming months and hamper overall growth.
Auto fleets' shift to electric vehicles in a global drive to cut carbon emissions will involve a drawdown on copper that could transform markets, and spur additional supply.
Quarter-on-quarter, Czech GDP increased by 1% in 2Q21, mainly due to a growth in final consumption of households and in gross fixed capital formation.
Zeman reportedly made sacking of BIS chief a condition for continuing to give Babis his support during upcoming general election.
Controversial Slovak activist investor hired demonstrators by Crowds on Demand presenting themselves as civic activists fighting to 'defend the Czech OKD miners'.