8 350,00 USD

ZLATOVNA ECONOMIC NEWS
A quick look at what's new in the world of economic policy, finance and precious metals.

Economy: Slovaks are the most common foreign owners of Czech companies. According to the council, the state should send money from the budget to municipalities and regions. Analysts: The budget deficit will be higher than CZK 300 billion this year. Analysts: The development of the economy in the 2nd quarter will be even worse. Experts: Czech companies can profit from the agreement between the EU and Vietnam. FT: Central Europe fears the effects of the slowdown in the German economy. Analysts: Earlier publication of macro data may unsettle the markets. Analysts: The one-third decline in industry should not be repeated. The number of applications for protection from creditors in the US increased by 48 percent. Central Bank: The Austrian economy will decline by 7.2 percent this year. SAO: The state did not provide any subsidies for high-speed internet. Japanese companies' quarterly profits fell the most since 2009. NBER: US economy entered recession in February. Of the eight million people infected with coronavirus, one million were added in a week. Le Monde: Hebron's economy is recovering from the lockdown only slowly. Survey: One third of small and medium-sized exporters are looking for new markets. Indian economic growth has slowed due to coronavirus. Chinese exports and imports fell in May, imports the most in four years. Housing Fund changes name to State Investment Support Fund today. Record decline in industry, trade balance lowest since joining the EU.

Stock exchanges: Krúpa, together with partners, offers to buy back 29.9 percent of EMH shares.

Finance: Survey: Czechs do not complete every 20th payment in e-shops. Bank loans increased by 14 billion to 6.18 trillion CZK in April. Analysts: Today's move by the Czech National Bank will stimulate the mortgage and real estate market. The Russian Central Bank has cut interest rates to a record low. Czech National Bank: New mortgages fell by a billion in April, the crisis has not manifested itself. The decree increases healthcare costs to 354 billion CZK. The ECB has decided to significantly expand its bond purchase program. Analysts: The downgrade of Société Générale will not threaten KB in any way. Banks: Real estate in the Czech Republic will not fall in price across the board this year, only luxury ones. According to analysts, the Czech National Bank Council will leave rates unchanged on Wednesday. Expert: The Czech National Bank's reports will enable better economic policy responses. MF survey: 90 percent of households have an account, knowledge of the APR is low. The Czech National Bank has banned Generali Česká pojišťovna from reducing redemption fees for clients. Křetínský EPH will issue additional bonds for 2.5 billion crowns. RSJ Group has decided to enter Pillow pojišťovna in terms of capital. Peter Hlaváč has become the CEO of the DRFG investment group. Reuters: HSBC returns to the plan to eliminate 35,000 jobs. The Hungarian central bank unexpectedly reduced the base interest rate. EIB: Banks in Central Europe will face an increase in bad loans. SB: The world economy will fall by 5.2 percent this year due to coronavirus. Gold sales in the Czech Republic increased by hundreds of percent during the pandemic. Most banks have not yet signed a cooperation agreement on COVID III. The share of non-cash transactions increased by 69 percent. Quarterly profit of banks in the US fell by almost 70 percent due to coronavirus.