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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 French economy grew by seven percent last year, the highest in 52 years. Inflation rose to 6.6 percent in December, and will continue to rise to 10 percent. Inflation in Slovakia rose to 5.8 percent in December, the highest in 17 years. Growth in business activity in the eurozone slowed in January, the omicron hit services. AP: Bulgarians travel en masse to Turkey, using the local currency's decline to make purchases. Unemployment in Germany fell to 5.2 percent in December, the lowest since the pandemic. Millions of families in Britain face economic difficulties, research institute warns. Rusnok: A rate increase of more than five percent next year is extremely unlikely. CRIF: The number of personal bankruptcies fell by 11 percent last year to 15,443. The National Audit Office will examine gambling supervision and gambling tax collection. Turkey's inflation rate has risen above 36 percent, significantly exceeding estimates. Orbán: The government will reduce the prices of six basic foods from February. Trade union: Compensation programs have saved tens of thousands of small and medium-sized companies. Germany wants to attract 400,000 qualified workers from abroad every year. Germany will help companies affected by high energy prices, the minister said. The Exporters' Association warns against increasing CNB rates, saying it is losing hundreds of billions. The Polish economy grew by 5.7 percent last year, the most since 2007. Analysts: Despite good data, the economy will only reach pre-pandemic levels this year. The government wants a tax cap, financial consolidation or the abolition of the EET. CT: President of the Chamber of Commerce Vladimír Dlouhý is a candidate for governor of the CNB. Czech household debt to banks rose to CZK 2.049 trillion in December. Taiwan has pledged investment in Lithuania, while Vilnius faces pressure from Beijing. Developers disagree on the impact of interest rate hikes, even talking about a real estate bubble. The US economy grew by 5.7 percent last year, the most since 1984. The number and value of banknotes and coins in circulation increased last year. The IMF expects to increase its estimate of losses caused to the global economy by the pandemic.

Stock markets: Experts: Precious metals fell in price last year, oil and industrial metals rose significantly. Aluminum prices for European consumers are rising to record highs due to expensive electricity. Gas continues to fall significantly in price, the price for the European market has fallen below 100 euros per MWh. Shares of electric car battery manufacturer LGES debuted with strong growth. Shares in French EDF have fallen sharply, the government is demanding cheap nuclear energy from rivals.

Finance: Ukraine needs money, has limited access to markets due to the risk of invasion. Portal: Czechs have twice as much gold at home as there is in the CNB's safes. The Caribbean island of Jamaica is introducing its own digital currency. The American bank Goldman Sachs increased its profit and revenues to a record last year. The volume of new bank loans in China rose to a record last year. The Hungarian central bank raised the base interest rate more significantly than expected. Bloomberg: Bonds from emerging countries performed best this year. A BBC financed only commercially would not provide the same services, its boss warns. Reuters: Křetínský will probably sell his stake in Aareal Bank. The Russian central bank has proposed a ban on the use and mining of cryptocurrencies on Russian territory. Italy's UniCredit tripled its profit last year, beating estimates in sales. Analysts: Gold, silver and copper fell slightly in January, oil rose significantly. The Polish central bank raised its main interest rate to 2.25 percent, as expected. Mail on Sunday: The British government is preparing to cut BBC funding.