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- The Czech National Bank should refrain from interest rate hikes that can damage companies and people through higher borrowing costs, Prime Minister Andrej Babis said on Thursday, adding inflation should move lower.
- Czech carmaker Skoda Auto, part of the Volkswagen group, will halt production at two domestic plants for a week at the end of September due to chip shortages, the company said on Thursday.
Czech President Milos Zeman who was hospitalized this week has undergone medical checks that haven’t revealed any problems or disease that would threaten his life, the presidential office said on Thursday. He will probably return to work next week.
- The World Economic Forum (WEF) is to take place in the Swiss mountain resort of Davos next year on Jan. 17-21, reverting to an in-person meeting of world and business leaders, organisers said on Thursday.
The Italian government approved on Thursday some of the strictest anti-COVID measures in the world, making it obligatory for all workers either to show proof of vaccination, a negative test or recent recovery from infection. The new rules will come into force on Oct. 15