Eastern Europe
Anticipate impacts in the Czech financial market this week

The Czech financial market this week might be influenced by the following news stories, press reports and events.
According to Fortuna: Czech-Slovak group, a strong group of production companies based mainly in the Czech and the Slovak Republic and Penta Investments, a central European investment group specialising in long-term value investing, have hiked their stake in betting firm, Fortuna Entertainment Group to 95.8 percent after buying shares from the largest minority shareholder Franklin Templeton.
Sazka: Casag Deputy Chairman Pavel Horak told the Austrian newspaper Der Standard on Sunday: “Austrian gambling technology group Novomatic could sell its 17 percent stake in Casinos Austria (Casag) to Czech lottery and gaming group and fellow Casag investor Sazka Group.”
Slovakia: Following the biggest street protests in decades, Slovakia’s long-serving Prime Minister, Robert Fico faces a deadline on Monday to ditch his closest ally or risk breaking apart his coalition government.
Source: Reuters
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