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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 Chinese Prime Minister said that it will be difficult to achieve GDP growth of around five percent. Investor confidence in the eurozone economy fell in March for the first time in five months. The average wage in the Czech Republic reached 40,353 crowns last year, falling in real terms. E15: A possible lack of verification could cost the head of the Czech National Bank Michl his job, Pavel admitted. Chamber of Commerce: Real wages have increased by 141 percent since the founding of the Czech Republic. BBC: How many reserves does Russia have and how long will they last?. The growth of the Canadian economy surprisingly stopped at the end of last year. Inflation in France and Spain surprisingly increased, further interest rate increases are expected. The Senate rejected the initiative to constitutionally enshrine the right to pay in cash. Inflationary pressures in the Czech economy are only slowly fading, analysts agree. The Czech Republic was among the EU countries with the highest inflation in February, according to an analysis. Almost half of companies in the Czech Republic are investing a fifth of their investments in digitalization. PwC: Czech companies need a predictable environment from the government above all. Survey: 83 percent of Czech households are concerned about inflation. Architect and entrepreneur Vladimír Stehlík, associated with Poldi Kladno, has died. According to a spokesperson, the Czech National Bank does not work with materials with the highest level of secrecy. The Czech National Bank's Bank Board divided its responsibilities at a meeting after personnel changes. Agency: Interest in land for the construction of photovoltaics is increasing by tens of percent. According to the head of the central bank, Greece's rating will soon return to the investment band. IMF chief: There are disagreements on the issue of debt restructuring of troubled countries. The Slovak economy maintained its quarterly growth rate, but the year-on-year growth rate slowed. People were still queuing for a special thousand-crown note today, and it sold out in the afternoon. DIW: The war in Ukraine reduced the output of the German economy by 100 billion euros last year. China remained Germany's largest trading partner last year, and has been for seven years. The Czech economy entered recession in the fourth quarter of last year.

Stock exchanges: Commodities rose sharply in price after the invasion, and many are now cheaper than before the war. 9.4 tons of gold were imported to the Czech Republic last year, the most in the last 11 years. The price of gold rose above 1,900 USD per ounce due to problems in the banking sector. Nine people died after a collapse in a gold mine in Burkina Faso.

Finance: The collapse of two American banks has caused tension in the financial markets. Italian insurance company Generali increased its operating profit by 11.2 percent last year to a record. US stocks closed mixed, banks weakened. The number of people with third-pillar pension savings fell by 40,000 to 4.39 million. The collapse of SVB may have an impact on regional US banks, some investors fear. Survey: More than half of Czech rich people managed to increase the value of their assets last year. Česká spořitelna's net profit rose by 42.2 percent to 20.2 billion crowns last year. The American SVB has gone bankrupt, it is the largest banking collapse in the US since 2008. HSBC will acquire the British subsidiary of the bankrupt SVB for one pound. HSBC almost doubled its profit, but published a cautious outlook. Credit Suisse bank has the deepest loss since the 2008 crisis last year. Survey: Apartment sales fell by more than half last year. Police: Fake bankers force callers to take out loans and deposit money in bitcoin wallets. SVB collapse may have an impact on regional US banks, some investors fear. Buffett's Berkshire Hathaway had a record operating profit last year. Falter: Austrian Raiffeisen is interested in the remains of Sberbank Europe.