Articles for category: Europe, Politics

EC Approves Reverse VAT Charge Mechanism

The European Council on Tuesday approved a proposal that will allow EU member states that have a problem with carousel tax fraud to apply a generalized reversal of VAT liability. This is something Czech Prime Minister Andrej Babiš has fought for for four and a half years on the argument that use of reverse charge ...

milos zeman

Zeman Vows To Defend Hungary Against Article 7

Bulgaria and Czech Republic have both stated that will show solidarity with Hungary over the European Parliament’s invocation of Article 7, initiated on account of Hungary’s alleged systematic breaches of the rule of law.   On September 12, members of the European Parliament voted to trigger Article 7 against Hungary by an overwhelming majority, citing ...

CNB Raises Key Interest Rate To 1.5%

The Czech Republic’s central bank has raised its key interest rate for the third time since June, by a quarter point to 1.50 percent.   Wednesday’s move, which was expected in financial markets, is the fourth increase this year and analysts expect the trend to continue.   The hike comes as the annual inflation rate ...

andrej babis

Babis: Czech Republic Closed To Economic Migrants

“Next European elections will prove what the silent majority actually thinks about illegal migration,” Czech Prime Minister Babis tell German daily Bild.   Czech Prime Minister Andrej Babis told the European Union that his country will not take another economic migrant. Refusing to submit to the EU’s demand to accept immigrants crossing into European outer ...

Matt Atlas

Czechia Suicide Rate Ranks 13th In EU

According to the latest WHO reports, the Czech Republic stands at 12th place in the sad list of EU countries by suicide rate. The data from Eurostat, the EU statistical office, shows that there were 56,229 suicides in Europe in 2015 (1.1% of the total 5.2 million deaths in the EU). In the Czech Republic ...

ČTK

Milos Zeman Trump

Zeman: Iran Sanctions Must Be Abolished

Berlin, Sept 21 (CTK correspondent) – The Czech Republic is interested in trading with Iran, and it would be therefore good to abolish the sanctions against Iran, President Milos Zeman told journalists in Berlin at the close of his three-day official visit today.   Zeman also criticised US President Donald Trump’s policy of raising customs ...

ČTK

Andrej-Babis-migrants

Babis Asks NGO To Select Syrian Orphans For Relocation

Prague, Sept 21 (CTK) – Prime Minister Andrej Babis asked NGO representatives and MEP Michaela Sojdrova to select the Syrian orphans who might be moved from the refugee camps to the Czech Republic, Sojdrova (Christian Democrats, KDU-CSL) told journalists after their meeting today.   Babis insists on his view that the children should be helped ...

ČTK

Zeman Discusses Economic Issues With Merkel, Steinmeier

Berlin, Sept 21 (CTK correspondent) – Czech President Milos Zeman discussed primarily economic issues at the meetings with German Chancellor Angela Merkel and his counterpart Frank-Walter Steinmeier in Berlin today, while migration was mentioned on the margin only, Zeman has told Czech reporters.   Zeman said he considered his three-day visit to Germany very successful. ...

ČTK

Zeman Critical Of AfD Over Stance On Benes Decrees

Berlin, Sept 21 (CTK correspondent) – Alternative for Germany (AfD) is against the Benes decrees, that sanctioned the transfer of ethnic Germans from Czechoslovakia in the aftermath of World War Two, which is not in Czech national interest, President Milos Zeman, now on a visit to Germany, told journalists today.   Zeman made it clear ...