Czechia, as most countries of Central Europe, is not famous for welcoming immigrants with open arms. Czechs consider foreigners as people taking their jobs, their safety and their culture. However, since the invasion of Ukraine in February 2022, around 370 000 Ukrainians have come to Czechia to, at least temporarily, seek a new home here. This […]
In a significant and politically charged development within the European banking sector, UniCredit, Italy’s second-largest financial institution, undertook a calculated and strategic acquisition of shares in Commerzbank, Germany’s second-largest publicly listed bank. The move, unfolding over the course of late 2024, marked a bold assertion of UniCredit’s long-standing vision for cross-border banking consolidation within the […]
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