Czech Minister of Industry and Trade Martin Kuba (ODS) proudly unveiled his proposal for economic diplomacy to play a key role in boosting exports and diversifying sales abroad to reduce dependence on a struggling Europe. But he failed to get the foreign ministry on board beforehand — and it has a long list of complaints about allegedly major flaws in Kuba’s proposal.

Moody’s Investors Service on Monday affirmed the A1 issuer and long-term local and foreign-currency unsecured debt rating of Czech Export Bank’s (ČEB) with a stable outlook. The rating agency also affirmed ČEB’s Prime-1 short term issuer rating.

The state-owned Czech Export Bank (ČEB) will have a new general director as of Feb.1, a senior source from the Ministry of Finance has told Czech Position. “Tomáš Uvíra, the former Ministry of Finance [managing director for asset management], will be nominated by our department as head of the Czech Export Bank,” the source said.