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ZLATOVNA ECONOMIC NEWS
A quick look at what's new in the world of economic policy, finance and precious metals.

Economy: The inflation rate in Argentina exceeded 100 percent for the first time since the early 1990s. Despite turbulent markets, the ECB raised key rates by half a percentage point. EU countries agreed on the principles of returning to fiscal rules, but not on the details. The Vysočina region has prepared 1.3 billion crowns to finance larger projects. David Havlíček became the chairman of the board of directors of the state-owned EGAP. After 30 years, Slovakia is the second largest export market, the fifth largest import market. In 2035, 51 percent of people in the world may be overweight or obese, experts warn. The government wants to prepare changes to the benefit system, and also mentions greater targeting of aid. The Czech economy entered recession in the fourth quarter of last year. E15: Any missing check could cost the head of the Czech National Bank Michl his job, Pavel admitted. The Czech Republic was among the EU countries with the highest inflation in February, according to the analysis. Median: Czechs most often protect themselves from inflation by investing in gold. The EU should produce more green technologies and key raw materials, the EC proposed. Zamrazilová: If the Czech National Bank predicts a 10 percent wage increase, there is a risk of tightening monetary policy. Producer prices in the Czech Republic continued to grow by tens of percent in January. EBRD: Predictions of an early interest rate cut in Central Europe are optimistic. The head of Exxon criticized the EU's energy policy, saying it had gone too far. Hampl: High inflation is more reflected in budget expenditures than in budget revenues. Inflation in France and Spain surprisingly increased, further interest rate increases are expected.

Stock exchanges: UBS: China could control a third of the lithium market by 2025. Gold price rises above $1,900 per ounce due to banking sector woes.

Finance: SVB collapse may have an impact on regional US banks, some investors fear. First Citizens BancShares is considering a bid for the bankrupt SVB bank. Swiss bank Credit Suisse has discovered serious shortcomings in its statements. European stocks have weakened sharply due to the collapse of two American banks. Media: UBS is likely to buy rival Credit Suisse for more than $2 billion. Bloomberg: Credit Suisse and those crazy, rich and anxious Asians. ČSOB today warned against fraudsters who abuse its logo. Česká spořitelna's net profit rose by 42.2 percent to 20.2 billion crowns last year. Negotiations to rescue Credit Suisse are dragging on, and the nationalization of the bank is also at stake. The deadline to challenge the sale of Sberbank CZ's loans to Česká spořitelna is ending. A British bank is considering buying the British division of the bankrupt American bank SVB. Survey: Half of young Czechs see investing as standard money management. Flagstar Bank will take over deposits and loans from the bankrupt Signature Bank. Revolut increased sales by 33 percent last year, and was profitable for the first time the year before. The collapse of two American banks has only a limited impact in the EU, said the European Commissioner. Swiss bank UBS will take over rival Credit Suisse for three billion francs. Police: Fake bankers force callers to take out loans and deposit money in a bitcoin wallet. Russian bank Tinkoff has canceled interest payments on Eurobonds due to sanctions. A Chinese company with the participation of a bankrupt American bank claims that it is operating stably. The WCA fund is bankrupt, according to a representative of creditors, people have invested 2 billion in it. Bloomberg: UBS asks for government support in the event of a takeover of Credit Suisse. The collapse of two American banks has caused tension in financial markets. The parent company of the bankrupt American bank SVB has declared bankruptcy. CBA: The volume of mortgages in February increased by 20 percent month-on-month, rates fell.