Inflation slowed in February due to stagnant food prices but also due to a core component that does not include food prices. On the other hand, fuels prices became more expensive. The base effect will increase the annual inflation rate in the coming months. We still expect the CNB to raise rates in the last quarter of this year.

Under the recently introduced decree of the Czech Ministry of Health (the “Decree”), employers must test their employees for COVID-19, as we informed you here.

Erste Group launched a long-planned review of the fossil fuel chapters in its “Responsible Financing Policy” at the end of 2020, following a delay due to the global pandemic. The increased urgency brought about by rising global temperatures has led Erste Group to tighten its financing parameters for thermal coal related activities. “The Corona pandemic is an obvious chance for an ecological reboot for the whole economy. I believe that future growth must come from sustainable projects,” said Bernd Spalt, CEO of Erste Group.

Do you need a quick overview of current screening and control rules for foreign direct investments (FDI) in one of the following countries in times of the COVID-19 pandemic? Just click on the corresponding country and you will find a comprehensive summary of the actual FDI restrictions, if any!