Moody’s: Crisis nearing end in Czech Republic

Prague Daily Monitor:

Rating agency Moody’s said yesterday that the threat of the financial crisis in the Czech Republic and its neighbours has faded. Though these countries’ economies are weak, there is no threat of investors stemming the flow of money into them or of foreign banks getting rid of their local subsidiaries, Moody’s said. [ HN 1, 15, E15 6 ]