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CEZ: Top Czech government officials have asked electricity producer CEZ to look closely into the possibility of spinning off distribution and renewable assets with the government taking full control of nuclear and coal plants, sources close to the process said.
Story: Related stories: BABIS: The Czech Republic and smaller states like it should have a stronger voice in the European Union, not Brussels officials, the billionaire frontrunner in next month’s parliamentary election said.
Story: Related stories: BANKS: The Czech National Bank (CNB) kept its countercyclical capital buffer for banks at 1.0 percent on Friday after raising it in its last quarterly review as it looks to keep ahead of strong credit growth in the central European country.
Story: Related stories: CEE MARKETS: Hungarian government bonds extended their rally on Friday due to expectations the central bank will continue to support the market despite a gradual worldwide monetary tightening.
Story: Related stories: =========================PRESS DIGEST==========================
CEZ: The state-controlled utility CEZ might not get 1.14 billion czech crowns from a state railways company, as the Supreme court struck down a verdict ordering the money to be paid. The payment is connected to a contract from 2008, when the railways company had ordered electricity from CEZ, but eventually did not take it.
Hospodarske Noviny, page 12
(Reuters has not verified the stories, nor does it vouch for their accuracy.)
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(Reporting by Prague Newsroom)
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