On 27 March, the European Commission published its proposals concerning the “long-term financing” of the EU economy. According to Michel Barnier, Commissioner for the internal market, the EU needs to diversify its ways of financing and improve access to finances for the SMEs, which are the backbone ...

At its last session on 24 March, the Government approved the accession of the Czech Republic to the Fiscal Compact (the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union). The Treaty, which was introduced in 2012, forms the underlying principle of current governance...

Former businessman and philanthropist Andrej Kiska, 51, has won the Slovak presidential election on Saturday, defeating current center–left Slovak Prime Minister Robert Fico. According to results from over 99 per cent of voting districts Kiska gained 59.4 per cent in the second round of voting. In h...

The Organization for Economic Co-operation and Development released its annual and country aimed recommendation report for the Czech Republic. The OECD announced three key recommendations: economic growth and recovery, promoting competition, and labor market improvements. The OECD definitely sides w...