The CNB governor explains the rise in interest rates. He wants to protect people’s savings

The Governor of the Czech National Bank (CNB), Jiří Rusnok, objected to the words of the Prime Minister in his resignation, Andrej Babiš, who sharply criticized the sharp rise in …

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Inflation in the EU and in the euro area rose sharply in August, the highest in ten years – ČT24 – Czech Television

For the first time, inflation thus significantly exceeded the European Central Bank’s (ECB) target. It intends to keep price growth at two percent per year in order to revive the …

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Our mortgages in the hands of the CNB. Why will the central bank no longer recommend, but order

If the Senate also approves an amendment to the Act on the CNB, the central bank will start dictating the conditions for obtaining a housing loan. Now it can only …

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The CNB does not currently have a profit available for transfer to the budget – ČT24 – Česká televize

Rusnok further pointed out that the CNB, the Bank Board and no member of the Bank Board may legally accept or demand instructions from the President, the government, parliament, administrative …

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