Morning News: Friday, October 7, 2022

If your day doesn’t start until you’re up to speed on the latest headlines, then let us introduce you to our new morning fix. 

 

  • Czech Prime Minister Petr Fiala met for talks with the British head of government, Liz Truss, on Thursday ahead of the European Political Community’s meeting at Prague Castle. They discussed bilateral cooperation, the security situation and support for Ukraine.

 

  • Gas consumption in the Czech Republic fell by 20 percent year-on-year in the third quarter. According to Rajdl the drop in consumption is linked to the later start of the heating season and probably also the closure of some companies due to the energy crunch and soaring inflation.

  • The export of military equipment from the Czech Republic to Ukraine has totalled CZK 47 billion this year, including CZK 4.2 billion provided by the state, Defence Minister Jana Cernochova told journalists yesterday.

 

  • According to Fincentrum Hypoindex, the average offer rate for mortgages fell slightly for the second time in a row. The Czech National Bank (ČNB) left base interest rates unchanged at its September meeting, while some banks cut mortgage rates as part of their autumn discount promotions.

 

  • Qatar will open an embassy in the Czech Republic in the coming months, Emir Sheikh Tamim Bin Hamad Al Thani said in a joint press conference with Czech President Milos Zeman yesterday.

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