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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: MF and CNB recommend that the government not set a date for adopting the euro yet. Central Bank: The French economy will weaken sharply next year. Analysts have doubts whether the so-called windfall tax will yield the expected 85 billion CZK. Nomura: The Czech Republic, Hungary and Romania face the risk of a currency crisis. Michl: The basic interest rate is already at a level that dampens economic activity. Sokolovská uhelná considers the tax on extraordinary profits to be unfair. The Company of the Year 2022 is Biohealing, the sole proprietor is farmer Jan Bošina. The European Commission has approved the Czech government's aid to companies affected by rising energy prices. ČSOB analysts: Inflation in the Czech Republic will fall to ten percent in 2023. India's central bank raised its base interest rate to 6.25 percent, worsening its outlook. Study: The number of corporate and business bankruptcies rose in November. Analysts criticize the government for not reforming public finances in its first year. Survey: One in four Europeans say their financial situation is uncertain. Atomico: The value of European technology companies has fallen by $400 billion this year. New Zealand's central bank raised its base interest rate, warning of a recession. The Slovak government has proposed a special tax on excess income of electricity producers. Lasselsberger will sell 27 million m2 of ceramic tiles this year, less than last year. The Chamber of Deputies approved the budget for next year with a deficit of 295 billion crowns. Analysts: The situation on the labor market is worsening, unemployment will slowly increase. According to Reuters, Greece has repaid a loan installment from the eurozone early for the first time. Fiala: The combination of nuclear and renewable energy is the only truly safe scenario for the Czech Republic. The Chamber of Commerce has published a yearbook for the Karlovy Vary region, mapping its condition. The inflation rate in the US surprisingly fell to 7.7 percent in October. The Czech National Bank left the limits for providing mortgages unchanged. Britain raised the base interest rate by 0.75 percentage points, the most in 33 years. German economic experts expect a milder recession than the government next year. The Czech National Bank, as expected, left the base rate at seven percent. IMF mission: The Czech economy will fall by about half a percent next year. Analysts: The Czech economy is in imbalance, but there is no threat of a currency crisis. USSPA hot tub manufacturers' profit after tax fell to CZK 13 million last year, sales increased.

Stock exchanges: Vietnamese electric car manufacturer VinFast has filed for an IPO in the US. Kovohutě Příbram has built a pilot line for recycling lithium batteries. Traders: Czechs are selling their savings in precious metals more often. EBRD and the Netherlands will provide 372 million euros to Ukrainian company Ukrenergo. Saker, a metal processing company, saw significant growth in sales and profits last year.

Finance: Cryptocurrency credit company Nexo will end its activities in the US. The number of payment cards issued in the Czech Republic increased by 400,000 year-on-year to 13.65 million. Buffett's company Berkshire increased its stakes in five Japanese trading companies. Sberbank administrator signed a loan sale agreement, Czech Republic offered 41.1 billion CZK. The financial services sector in Britain is facing the biggest changes in more than 30 years. McLaren sold part of its vintage car collection to raise money for Arturo's new supercar. Servers: Xixoio management faces suspicion of fraud, damage is half a billion crowns. Buffett's company Berkshire bought a stake in Taiwanese chip manufacturer TSMC. The US authority extended Sberbank CZ's exemption from sanctions, sales can continue. 136,000 people increased in supplementary pension savings this year to 1.6 million.