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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: Companies convicted of insurance fraud will probably not have access to contracts. Inflation in France and Spain has risen surprisingly, further interest rate increases are expected. PwC: Czech companies need a predictable environment from the government above all. The CNB Bank Board divided its responsibilities at a meeting after personnel changes. IMF chief: There are disagreements on the issue of restructuring the debt of troubled countries. The number of pub and bar bankruptcies in Britain increased by 83 percent last year. According to the head of the central bank, Greece's rating will soon return to the investment zone. Indian businessman Adani's empire continues to lose value rapidly after the indictment. Hampl: High inflation is more reflected in budget expenditures than revenues. E15: Possible missing check could cost CNB chief Michl his job, Pavel admitted. The average wage in the Czech Republic reached 40,353 crowns last year, falling in real terms. After five years, there are more people out of work than vacancies, unemployment is 3.9 percent. The head of Exxon criticized the EU's energy policy, saying it went too far. USGS: Damage caused by the earthquake in Turkey could amount to up to ten billion dollars. An exhibition marking the anniversary of the currency separation opens at the CNB visitor center. Study: The number of bankruptcies of companies and entrepreneurs in the Czech Republic increased month-on-month in January. Chamber of Commerce: Real wages have increased by 141 percent since the founding of the Czech Republic. The growth of the Canadian economy surprisingly stopped at the end of last year. The vice-governor of the CNB denied that the central bank's steps would lead to higher inflation. Inflation in Turkey slowed to 57.7 percent, but is higher than expected. Moody's agency downgraded Ukraine's rating deeper into speculative zone to Ca. Survey: 83 percent of Czech households are concerned about inflation. iROZHLAS: European prosecutor investigates possible subsidy fraud by a company from Olomouc. The Czech National Bank improved its economic development estimate, expecting a 0.3 percent decline in GDP this year. The number of bankruptcies and company reorganizations in the Czech Republic fell by three percent last year to 723. Investor confidence in the eurozone economy fell for the first time in five months in March. Architect and businessman Vladimír Stehlík, associated with Poldi Kladno, died.

Stock exchanges: Analyst: Energy prices fell significantly on stock exchanges in January, gold prices rose. Nine people died after a collapse in a gold mine in Burkina Faso. 9.4 tons of gold were imported into the Czech Republic last year, the most in the last 11 years. The Brazilian government deployed the army to fight illegal miners in the Amazon. The value of the emission allowance markets rose to a record 850 billion euros last year. The price of gas for the European market fell below 50 euros, the lowest since December 2021.

Finance: Analysis: Of the 1,094 corporate bonds in the Czech Republic, 186 are secured, or 17 percent. Falter: Austrian Raiffeisen is interested in the remains of Sberbank Europe. Survey: More than half of Czech rich people managed to increase the value of their assets last year. Police: Fake bankers force callers to take out a loan and deposit money in a bitcoin wallet. Credit Suisse bank has the deepest loss since the 2008 crisis last year. Societe Generale's net profit fell by almost two-thirds last year. The Senate Constitutional Commission does not want the constitutional enshrinement of the right to pay in cash. The Russian bank Tinkoff has canceled the payment of interest on Eurobonds due to sanctions. The number of payment cards in the Czech Republic has decreased by 77,000 year-on-year to 14.02 million. The insurance company Allianz increased its net profit by 1.9 percent last year to 6.7 billion euros. Moneta Money Bank increased its net profit by 30.2 percent last year to 5.19 billion CZK. Buffett's company Berkshire Hathaway had a record operating profit last year.