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    • Czech Senate backs setting NATO spending target of 2%/GDP as law

      • BY Reuters|
      • Non-Eurozone , Czech Rep |
      • 10:22 AM ET 05/31/2023

      The Czech parliament's upper house approved a bill on Wednesday that will set the state's minimum defence spending at 2% of gross domestic product from next year, matching its commitment to the NATO military alliance.

    • CEE MARKETS-Forint marches back toward its May highs, crown steady as economy stagnates

      • BY Reuters|
      • Non-Eurozone , Czech Rep |
      • 06:19 AM ET 05/30/2023

      Hungary's forint firmed slightly on Tuesday as it continued its advance back to one-year highs, while the crown held steady after data showing the Czech economy stagnated in the first quarter.

    • Czech ministry proposes investment aid for ON Semiconductor expansion

      • BY Reuters|
      • Non-Eurozone , Czech Rep |
      • 05:31 AM ET 05/26/2023

      The Czech Industry Ministry will propose investment incentives worth 546 million crowns, or around a fifth of eligible costs, for U.S.-listed group ON Semiconductor to help it expand an existing facility in the country, the ministry said on Friday.

    • EMERGING MARKETS-FX set for weekly losses, Turkey's lira falls to record low against dollar

      • BY Reuters|
      • Non-Eurozone , Czech Rep , Poland |
      • 05:00 AM ET 05/26/2023

      * Turkey's lira breaches 20-to-the-dollar mark. * Poland, Czech Republic credit rating reviews due. * South African rand steadies from record low. * EM stocks, FX set for weekly declines. By Siddarth S and Amruta Khandekar.

    • FOCUS-Central Europe firms stake positions in Ukraine reconstruction race

      • BY Reuters|
      • Non-Eurozone , Czech Rep , Poland |
      • 02:00 AM ET 05/25/2023

      * Ukraine reconstruction may cost hundreds of billions of dollars. * Reconstruction phase "already underway" - Czech official. * Rebuilding could boost Polish GDP by 3.8% - Pekao bank. * Construction market could be one of Europe's largest - exec. By Michael Kahn, Robert Muller and Anna Koper.

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    News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.

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