Czech National Bank (CNB)
Lobbying blamed for supervisory inaction in EU
The failure of some European supervisors to act in the years building up to the crisis was due to fragmentation, a lack of independence and pressure from the private sector, Miroslav Singer, a vice governor of the Czech National Bank, has claimed.
CEE central banks' reaction mixed on Latvia
The views of officials from other Central and Eastern European central banks on this week's escalation of Latvia's currency crisis are mixed.
Czech National Bank - Annual Report 2008
The Czech banking sector was not hit directly by the global financial crisis, says Zdenek Tuma, the governor of the country's central bank, in the latest Annual Report.
Further cuts possible in Czech interest rates
Miroslav Singer, the vice-governor of the Czech National Bank, has dropped strong hints that further interest-rates cut will be on the cards if the economic situation demands it.
EU to implement De Larosiere group's proposal
The European Commission has proposed a raft of ambitious reforms to the region's supervisory framework, building on guidelines set out in the recent De Larosiere report.
Interview: Zdeneˇk Tu°ma
Martina Horáková speaks to the Czech governor about the crisis, calls for cross-border supervision and the process for adopting the euro
CNB's Tuma calls for cross-border supervision
Zdenek Tuma discusses the future of financial regulation and the prospects for joining the euro
Czechs criticise De Larosiere report
The De Larosiere report fails to take account of the need for one regulator to cover supervision of all sectors of the financial market, says a position statement from the Czech National Bank.
Czechs name new communications head
Marek Petrus, now head of research at the Prague office of Egon Zehnder, a consultancy, is to take over from Pavlina Bolfova as the Czech National Bank's communications head at the start of next month.
CEE regulators condemn stability "misperceptions"
Six central and eastern European regulators on Wednesday jointly attacked the recent coverage of their economies, labelling it misleading, oversimplified and potentially harmful.
Media inaccurate in portrayal of CEE's plight
Miroslav Singer, a vice governor at the Czech National Bank, tells CentralBankNews.com why the media's recent treatment of the problems in central and eastern Europe bears scant resemblance to the reality in some countries in the region.
CNB's Tuma not keen on bursting bubbles
Whether monetary policy to react to changes in asset prices still remains questionable, said Zdenek Tuma, the governor of the Czech National Bank.
When liquidity and reserve management collide
Ludeˇk Niedermayer analyses the challenges in coordinating market operations and reserve management during the crisis
Growth fears outweigh depreciation threat for CNB
The Czech National Bank (CNB) has cut its key interest rate to 1.75%, the lowest level in more than three years, in an attempt to stave off recession despite concerns about koruna's weakening.
Czechs say fighting crisis a priority for EU reign
The Czech Republic will strive to enhance the transparency and stability of the European Union's (EU) financial system during its six-month presidency of the common market, Prague said on Tuesday.
Norway slashes rates on "major shocks"
Norges Bank has followed the Riksbank's lead in chopping 175 basis points off its key rate. Exposure to "new major shocks" sparked the move, which leaves the central bank's key rate at 3%. Elsewhere, three other central banks cut their key rate by 50…
Impact of retail market structure on prices
Changing retail market structure in the Czech Republic was responsible for an average yearly decrease in prices of 0.8 percentage point during 2000-05, this paper from the Czech National Bank finds.
CNB's Singer: inflation to dip in 2009
Headline inflation is expected to drop below the current 3% inflation target in 2009 and to hit the new target of 2%, set for 2010, at the end of next year, said Miroslav Singer, a vice governor of the Czech National Bank.
Czechs surprise with 75 basis-point cut
The Czech National Bank slashed its key rate by 75 basis points to 2.75% on Thursday on signs inflation risked falling below target next year.
Czech currency protects economy - CNB's Singer
The Czech koruna cossets the economy from financial turmoil elsewhere, said Miroslav Singer, a vice governor of the Czech National Bank.
Convergence will cut CNB's losses
The Czech National Bank should be able to repay its foreign-exchange-related losses by 2023 as the economy converges with developed economies, finds a new paper from the central bank.
CNB's inflation-targeting review
The Czech National Bank has published a collection of research papers to commemorate ten years of inflation targeting.
Czech banknote wins prize
The International Association of Currency Affairs, an industry body, has announced that the Czech National Bank (CNB) was the runner-up in its Banknote of the Year award for the 1000-krone banknote, issued in April this year.
A credit risk model for all
Research from the Czech National Bank and the Bundesbank provides a template to investigate the credit risk environment of any economy.