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CZECHIA: Talks on Public Sector Wages to Continue

CZECHIA
  • Government officials and labour unions are scheduled to continue negotiations in Prague about public-sector wage growth at 08:00BST/09:00CET. Trade unions are demanding a 10% wage hike for all public-sector employees from September, while Czechia’s Labour has previously proposed a 7-10% staggered raise that would be implemented in September and January.
  • Meanwhile, a cabinet meeting will be held at 09:00BST/10:00CET, followed by a press briefing at 13:30BST/14:30CET.
  • There are no economic releases scheduled for today, with preliminary GDP figures for Q2 crossing on Friday. The data is expected to show a +0.4% Y/Y expansion (Prior: +0.4%).

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