PSA Peugeot-Citroen and Toyota have chosen Kolin as a site for building a factory for production of small cars. Yearly production should reach 300 thousands.
The Falkon Capital company has paid USD 555 mil to the Czech Republic for the purchase of part of the Russian debt. Finance Minister Jiri Rusnok has confirmed this information.
Poland's Monetary Policy Council left interest rates unchanged. Poland's Finance Minister Marek Belka criticized this decision as he assumes that the economy is on the brink of a recession and lower interest rates could help to avoid it.
CNB board will discuss monetary policy issues for the last time today. The market is split on the interest rates decision. Half of economists, including Patria Finance, do not expect rate cut. The second half put higher probability to the rate cut.
Twenty-five investors have are interested in acquiring a majority in Cesky Telecom. They are now supposed to submit preliminary bids by Jan 9.
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