Hledat v komentářích
Investiční doporučení
Výsledky společností - ČR
Výsledky společností - Svět
IPO, M&A
Týdenní přehledy
 

Detail - články

Czech Watch – 9 July 2001

09.07.2001 8:45
Autor: 

PM Zeman discussed institutional reform of the EU and its enlargement at a two-day international conference held behind the closed door in Austria. Croatian President Stipe Mesic, President of the Austrian Central Bank Adolf Wala, head of Austrian opposition Social Democrats Alfred Gusenbauer and premiers of Brandenburg and Northern Rhine-Westphalia Manfred Stolpe and Wolfgang Clement also attended the event.

After about one year of investigation, a special parliamentary commission concluded that the contracts on IPB sale to CSOB were strongly biased in favor of CSOB to the detriment of the tax-payers and that ex-finance minister Pavel Mertlik (CSSD) bears the main responsibility for it. On the other hand, the commission sticks to its preliminary finding that the state participation in solving the IPB crisis in June 2000 had been necessary. ODS deputies expressed their satisfaction with the following recommendation of the Chamber of Deputies that the government should modify contracts concerning the sale of the IPB to the CSOB. CSSD and part of Freedom Union deputies voted against the recommendation. The Lower Chamber says that if an agreement with CSOB is not reached, the government should consider going to an independent court. The government is also asked to publish the contracts on IPB sale from last June. Finance Minister Rusnok is pessimistic about the possibility of making any substantial change in the contracts. He considers the Chamber's resolution to be a "political conclusion”, implementation of which “is far from reality”. Also CSSD leader Spidla rejected the recommendation and said that the debate on IPB in the Parliament had confirmed that the government had prevented an economic catastrophe.

The Agriculture Ministry announced that Czech Republic has tested more than 18t cattle animals so far for mad cow disease (BSE) with a single positive result detected in South Moravia early in June. Veterinarians are now working out alternative solutions to the liquidation of the disease in case another animal test turns out positive.

The World Trade Organisation (WTO) works on its second audit of the Czech Republic's trade policy. The purpose of the audits is to stimulate WTO members to comply with the rules and obligations adopted in their trade agreements. Deputy Industry Minister Maceska said that the low number of protective measures still applied by the Czech Republic is fully in line with the country’s obligations.

57 % of Czechs are dissatisfied with their government and parliament, while 23 % assess performance of both institutions positively, according to a June poll by STEM. The government is assessed better than the parliament. Before 1997, 35-40 % of respondents assessed parliament's work very or rather good but since than the figure has slipped to 25-28 %. Of the people who are satisfied both with the parliament and government, some 30 % would vote for the ODS and another 30 % for the CSSD.

The Czech crown was oscillating in a narrow range of 33.72-33.76 CZK/EUR on Wednesday, close to its all-time high. In late afternoon, the currency was trading at the same level as late on Tuesday, i.e. 33.73/76 CZK/EUR. Vis-a-vis the dollar, the crown ended trading at 39.93/95 CZK/USD on Wednesday, slightly down from 39.79/81 on Tuesday afternoon.

Bond prices fell during a rather weak trading on Wednesday. The state holidays on July 5 and 6 were blamed for extraordinary low market activity. Increased activity is expected this week, namely on Thursday when CSO is going to publish June CPI inflation. The State 6.95/16 lost 20bps to 100.00/30, yielding 6.94/91 %. The State 6.75/05 dipped 11bps to 102.04/34, yielding 6.09/99 %.

late July 4 bond yield late July 3
CZK/EUR33.73/76-33.73/76
CZK/USD39.93/95-39.79/81
State 6.75/05102.04/346.09/99102.15/45
State 6.95/16100.00/306.94/91100.20/50


(Martin Kupka)

Váš názor
Na tomto místě můžete zahájit diskusi. Zatím nebyl zadán žádný názor. Do diskuse mohou přispívat pouze přihlášení uživatelé (Přihlásit). Pokud nemáte účet, na který byste se mohli přihlásit, registrujte se zde.
Aktuální komentáře
18.04.2021
11:09NYT: Stvořeni k lenošení? Medvědi pomáhají zjistit, proč lidé šetří energii
11:03Vážná roztžka Česka s Ruskem: účast tajných služeb na výbuchu v roce 2014 ve Vrběticích dopadne nejen do jaderného tendru
9:30Víkendář: Směrem k plné elektromobilitě, nebo motorové „mozaice“?
17.04.2021
17:08Víkendář: Robert Mundell očima Paula Krugmana
16.04.2021
22:09Rekordy na Wall Street, MS -2,76 %  
18:07Evropa sází na cyklus, důvěra amerického spotřebitele slábne  
18:02Dolarová dominance – alternativní pohled
17:08Pražská burza slaví 150 let. Překonala války i zákaz během komunismu
16:57Švýcarsko a Vietnam s měnou podle USA již nemanipulují, budou ale pod dohledem
16:13Turecká centrální banka zakázala platby kryptoměnami
16:03Emise spadající pod obchodování s evropskými povolenkami klesly o 13,3 procent
15:57Brexit podle studie zasáhl londýnskou City mnohem více, než se čekalo  
15:42Levkovich: Riziko korekce, smysl stále dává rotace k hodnotě
14:20Morgan Stanley propálila v kolapsu Archegos 911 milionů. Investory neobměkčily ani rekordní tržby
12:49SAB Finance vyplatí na dividendách za loňský rok 100 milionů korun
12:20Perly týdne: Akciová přestávka, gamblerství a „nová ropa“
11:44Zeptejte se analytika! Oblíbený webinář s Braňem Sotákem ve středu 28. dubna. Registrace jsou otevřené!
11:28Březnová inflace se v EU vyšplhala na 1,7 procent meziročně
11:20Vyšší ceny a nižší náklady zajistily Daimleru rekordní zisk
10:57Známky silného oživení a nižší výnosy akciím vyhovují  

Související komentáře
Nejčtenější zprávy dne
Nejčtenější zprávy týdne
Nejdiskutovanější zprávy týdne
Kalendář událostí
Nebyla nalezena žádná data