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Average Czech mutual fund investor got over 7 percent return in 2021 11.01.2022 Average Czech mutual fund investor got over 7 percent return in 2021 The average Czech mutual fund investor enjoyed a return of more than 7 percent in 2021. Equity funds performed better, while bond funds lost more than 2 percent on average. This follows from the Czech Investor Index (CII750) of Swiss Life Select and Thomson Reuters.
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ČEZ director warns EU taxonomy plan could complicate Czechia’s energy transformation 11.01.2022 ČEZ director warns EU taxonomy plan could complicate Czechia’s energy transformation The current European Commission sustainable finance taxonomy proposal could bring about complications when it comes to transforming the Czech energy sector, according to ČEZ CEO Daniel Beneš. Together with the Association of Industry and Trade, he has called on the Czech state to suggest...
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Survey: Czech economy expected to grow faster in 2022, but so will inflation 11.01.2022 Survey: Czech economy expected to grow faster in 2022, but so will inflation The growth of the Czech economy should speed up next year, rising from this year’s 2.5 percent to 3.9 percent in 2022, based on the latest regular Finance Ministry survey published on Sunday. However, inflation is also expected to grow from this year’s expected 3.8 percent to 5.5 percent.
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New Czech government says 2035 ban on combustion engines is “unacceptable” 11.01.2022 New Czech government says 2035 ban on combustion engines is “unacceptable” The new Czech cabinet, led by Prime Minister Petr Fiala, has made it clear that it plans to effect change in many areas of government. However, one area in which the new administration will stay firmly on course is energy policy. The new prime minister said on Sunday that the proposed EU ban on...
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Czech Consumer Confidence Index Falls 08.12.2021 Czech Consumer Confidence Index Falls Mainly due to the consumers confidence, Czech economy is continuing in declining, which causes the problem as well as the trust of investors.
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IMF Downgrades Economic Forecast For Czech Republic 08.12.2021 IMF Downgrades Economic Forecast For Czech Republic The Czech economy will grow by 2.6 percent this year and growth will accelerate to 3.5 percent next year, whihc is less the it was predicted.
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Promet Group Sees Profits Soar 08.12.2021 Promet Group Sees Profits Soar Promet Group, co-owner of Tatra Trucks and one of the largest family companies in the Czech Republic, improved its gross operating profit (EBITDA) last year, despite the pandemic and lower sales.
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Skoda Hammered As European Car Sales Plummet 08.12.2021 Skoda Hammered As European Car Sales Plummet Despite the pandemic situation in the world, some of the car manufacturers shows good numbers in sales this year, including the Czech car manufacturer, member of Volkswagen Group, the company Skoda.
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Czech Companies To Spend 117 Billion Crowns 08.12.2021 Czech Companies To Spend 117 Billion Crowns On ESG By 2025 Companies in the Czech Republic plan to invest approximately 117 billion crowns in the environment and social sustainability (ESG) by 2025.
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Czech Producer Price Rise Highest Since 1992 08.12.2021 Czech Producer Price Rise Highest Since 1992 Industriall Producer prices continue to rise in the Czech Republic, and producer prices indicate even future development, which is not very favorable for the economy.
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