Czech Republic
Czech National Bank - Annual Report 2005
According to the Czech National Bank's Annual Report 2005, inflation in 2005 was lower than in the previous year.
Slovakia pledges 2009 for euro adoption
In an interview with the Financial Times, Slovakia's finance minister Jan Pociatek said, "It is my personal responsibility to follow the euro commitment," allaying fears that the new leftist government might delay the adoption of the single currency.
EU confirms Slovenia's 2007 euro entry
EU leaders ended their spring summit Friday 16 June by welcoming Slovenia as the 13th member of the euro single currency.
Comment: Eastern European tightrope
Amidst renewed inflation fears in the developed world and the prospects of further interest rate hikes there, a number of central banks in Eastern Europe and the Baltics will be silently grateful for a little bit of latitude. But with question marks…
Czech National Bank - Annual Report 2004
According to the Czech National Bank's Annual Report 2004, the period covered by this Annual Report saw significant changes for the Czech Republic and the Czech National Bank.
The brave new world of central banking
At the dawn of the 21st century, property and equity ownership are spread more broadly across the population than they once were, according to the Czech National Bank Working Paper "The brave new world of central banking: The policy challenges posed by…
Paper on monetary policy and asset prices
The University of Warwick Research Paper "Monetary policy and asset prices : What role for central banks in new EU member states?" deals with the relationship between monetary policy and asset prices.
Inflation concerns for Czech NB
The Czech National Bank (CNB) is worried about the inflation criterion the country must meet before joining the euro, vice-governor Miroslav Singer told delegates at a forum of the Czech Exporters' Association on 10 November.
OECD Working Group on Bribery concerned by Czechs
The OECD Working Group on Bribery issued a letter on Friday 21 October to the Czech authorities, outlining its serious concerns on the failure by the Czech Republic to comply with its international obligations.
Walk, don't run, to the eurozone
This article asks why the Czech Republic is in such a hurry to join the euro? After all, Britain's GDP is growing significantly faster than overall levels in the eurozone, it says.
CNB's Frait on negative central bank capital
In the speech 'Exchange rate appreciation and negative central bank capital: Is there a problem?' given on 31 August Jan Frait of the Czech National Bank said the seriousness and potential consequences of negative capital of the central bank depend on…
Czechs drop 2009 as possible euro entry date
The Czech Republic is dropping 2009 as a possible date for entry to the euro, instead pencilling in 2010 as the preferred date.
CNB's Tuma: Central bankers - a strategic overview
In the speech 'Central bankers - a strategic overview' given on 22 March, Zdenik Tma of the Czech National Bank said the main message we can learn from history is that price stability as the ultimate goal of monetary policy is not in contradiction with…
CNB's Tuma on central bank forecasting
In the speech 'Forecasting and its role as an information source in the decision-making of the central bank' given on 18 February Zdenik Tuma of the Czech National Bank discusses the role market forecasts can play as an information source in the decision…
Czech president appoints new CNB board members
The President of the Czech Republic, Vaclav Klaus, at Prague Castle on Friday 11 February appointed three new members to the Bank Board of the Czech National Bank. He also said Zdenik Tma will remain CNB Governor for a further six-year term.
Tuma defends CNB's independence
Czech National Bank Governor Zdenek Tuma on Wednesday 1 September defended the central bank's independence and rejected public comments by government officials arguing against a recent increase in interest rates.
CNB's Frait on convergence criteria
A paper 'Convergence Criteria - How Tight a Constraint under Inflation Targeting?' was presented on 23 June by Jan Frait of the Czech National Bank. The paper focuses on how tight a constraint are the convergence criteria for the conduct of inflation…
CNB's Racocha on payments systems
In the speech 'Payments systems and financial stability' given on 8 July Pavel Racocha of the Czech National Bank said the main and most real challenge connected with the payment system in the Czech Republic is EU accession. Legal changes have already…
Czech cb divided on June rate rise
The Czech central bank's decision to raise interest rates in June was supported by three board members and opposed by two, the central bank said on Thursday July 8.
Czech National Bank - Annual Report 2003
The Czech National Bank has published its Annual Report for the year ended 2003. Analyses revealed that the extraordinarily low inflation rate was due not to the CNB's monetary policy, but mainly to a combination of several unusual and difficult-to…
Czech NB's Tuma calls for flexibility on euro
The Czech National Bank said on Tuesday 23 March that the European Union should be flexible over euro entry requirements for accession countries.
CNB sets 2006 inflation target at 2-4% upto euro
The Czech National Bank (CNB) has decided to keep its inflation target between 2 % and 4 % for the period starting January 2006, according to a CNB spokeswoman.
Czech NB's Tma on forecasting
In a speech 'Forecasting at central banks' given on 20 February, Zdenik Tma of the Czech National Bank said the first years of the new regime were not easy, and included frequent numerical target misses. Nevertheless, the Czech Republic enjoys low…
Czech PM does not see euro entry before 2009
Czech Prime Minister Vladimir Spidla has said his country will aim to adopt the euro by 2009 at the earliest. This is two years later than the timetable agreed last year.