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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: OECD: Global slowdown will hit Europe hardest next year. Nomura: Czech Republic, Hungary and Romania face the risk of a currency crisis. Prime Minister: EC will not allow unilateral preferential treatment of German industry. ČSOB analysts: Inflation in the Czech Republic will fall to ten percent in 2023. Analysts: This year's foreign trade deficit could exceed CZK 200 billion. Michl: The base interest rate is already at a level that dampens economic activity. The Ministry of Finance and the Czech National Bank recommend that the government not set a date for adopting the euro yet. KFC and McDonald's in the Czech Republic have increased their prices this year, with cheeseburgers becoming more expensive by a fifth. According to Reuters, Greece has repaid its loan from the eurozone early for the first time. Confidence in the economy increased slightly in November, entrepreneurs remain pessimistic Special instructions: In paragraphs 1, 4 and 5 we have added the opinions of analysts, in paragraphs 6 to 9 additional information from the survey. Analysts: The situation on the labor market is deteriorating, unemployment will slowly increase. The Norwegian central bank has raised the base interest rate again, which is the highest since 2009. Study: The number of corporate and business bankruptcies increased in November. The Indian central bank has raised the base interest rate to 6.25 percent, worsening the outlook. The Chamber of Commerce has published a yearbook for the Karlovy Vary region, mapping its condition. German economic experts expect a milder recession next year than the government. IMF mission: The Czech economy will decline by about half a percent next year. Analysts criticize the government for not reforming public finances in its first year. The Polish central bank left the base interest rate at 6.75 percent. The first coins with the portrait of King Charles III are entering circulation in Britain. Atomico: The value of European technology companies has fallen by 400 billion USD this year. The Czech National Bank has worsened its forecast for the development of the Czech economy, predicting inflation of 15.8 percent. Chinese imports and exports fell the most in two and a half years in November. The Turkish central bank has cut interest rates to nine percent despite high inflation. Fiala: A combination of nuclear and renewable energy is the only truly safe scenario for the Czech Republic. The inflation rate in the US surprisingly fell to 7.7 percent in October. Survey: One in four Europeans say their financial situation is uncertain. Creditreform: In Germany, corporate insolvencies will increase this year for the first time since 2009. Shell does not pay extraordinary profits tax in Britain yet, it will legally avoid it. New Zealand's central bank raised the base interest rate, warned of a recession.

Stock exchanges: Analysts: Gas price cap may worsen energy crisis. Vietnamese electric car manufacturer VinFast has applied for listing on the US stock exchange. EBRD and the Netherlands will provide 372 million euros to Ukrainian company Ukrenergo. Kovohuta Příbram wants to use photovoltaics and light heating oils. Russian aluminum producer Rusal has added business contracts for next year.

Finance: Hungary is approaching billions from the EU budget, according to the minister, it has complied with Brussels. 136,000 people have joined supplementary pension savings this year, to 1.6 million. Buffett's Berkshire bought a stake in Taiwanese chip manufacturer TSMC. Audit firm Mazars suspended cooperation with clients from the crypto world. Sberbank administrator signed a loan sale agreement, Czech Republic offered 41.1 billion CZK. Servers: Xixoio management faces suspicion of fraud, damage is half a billion crowns. Survey: Czechs keep less and less cash at home. Banks: The share of problematic bank loans in the Czech Republic stopped falling in September. McLaren sold part of its collection of vintage cars to raise money for Arturo's new supercar. Buffett's Berkshire increased its stakes in five Japanese trading companies.