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“France’s Credit Rating Downgraded by Fitch, Czech Republic Among Better Performers in Eurozone”

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“France’s Credit Rating Downgraded by Fitch, Czech Republic Among Better Performers in Eurozone”

Fitch’s downgrade of France’s credit rating on Friday underscores how much the eurozone has changed since 2004. Back then, the Czech Republic as a “four-wheeler” should have entered the “one-wheelers”, today the Czech Republic is a “two-wheeler” and should be included among the “worse three-wheelers”. When the Czech Republic joined the EU on May 1, … Read more

Insolvency Proceedings loom again for Jaromír Soukup’s Médea as ČT and Prima seek to recover millions.

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Insolvency Proceedings loom again for Jaromír Soukup’s Médea as ČT and Prima seek to recover millions.

Jaromír Soukup’s company Médea is again facing an insolvency proposal. It was submitted by Czech Television (ČT) and the company Media Club from the media group Prima, to which, according to Médea’s proposal, they owe approximately 30 million crowns for the provision of advertising space. This follows from the information that was published today in … Read more