Overview of the latest economic events in the Czech Republic
According to the latest OECD report, the Czech economy is expected to grow by 2.1 % in 2025, an acceleration from 1.0 % in the previous year. Inflation has returned close to target, but risks associated with global trade relations remain elevated (investing.com).
The PX index on the Prague Stock Exchange rose by 0.21 % to 2181.95 points today, which represents a new all-time high. The growth was mainly driven by shares of the energy company CEZ and Moneta Money Bank.
The Minister of Industry and Trade Lukáš Vlček described the completion of the Dukovany nuclear power plant as a priority of the Czech government. Prime Minister Petr Fiala will discuss the issue with European Commission President Ursula von der Leyen at the European Political Community summit in Albania.
Foreign investment
US chipmaker Onsemi has announced an investment of up to $2 billion in its plant in Rožnov pod Radhoštěm. The investment is the largest foreign investment in the Czech Republic since 1993 and will focus on the production of intelligent power semiconductors for electric vehicles, renewable energy and data centres with artificial intelligence (apnews.com).
Significant events outside the Czech Republic with global impact
The United States and China have agreed to a 90-day truce in the trade war, leading to a sharp rise in global stock markets. The S&P 500 index posted its biggest one-day gain since 2008 (reuters.com). Volkswagen - Strategic partnership with Onsemi to supply semiconductors for electric vehicles. Tesla - Reviewing CEO Elon Musk's compensation in the context of global economic changes (ft.com).
Following US President Donald Trump's announcement to lift all sanctions on Syria, Syrian Finance Minister Yisr Barnieh called on foreign investors to participate in the rebuilding of the Syrian economy, particularly in the agriculture, oil, tourism and infrastructure sectors (reuters.com). eToro - Shares of the company rose nearly 29 % on its Wall Street debut following the easing of tensions between the US and China (ft.com).
[currency_and_metal_rates]
tradingeconomics.com
gnews.cz - GH
Czech 
English 
Spanish 
French 
Italian 
Russian 
Chinese 
German