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Fiala Seeks To Defuse Tensions, Says Gov't & CNB Share Goal Of Taming Inflation

CZECHIA
  • Prime Minister Petr Fiala and Finance Minister Zbynek Stanjura met with CNB Governor Ales Michl and other Bank Board members ahead of their regular non-monetary policy meeting. The Premier told reporters that the government and the central bank share the same goal to "significantly" curb inflation. The Finance Ministry had earlier said that it would be "a standard working meeting" and the main topics would be "the joint fight against inflation and the parameters of the proposed fiscal consolidation package." The meeting might help defuse tensions after Fiala and Michl publicly traded barbs over the responsibility of the current levels of inflation.
  • Following yesterday's Cabinet meeting Fiala told the media that there are "no disputes" between Defence Minister Jana Cernochova and Chief of Staff General Karel Rehka. Czech newspapers DenikN and Respekt had earlier reported that the two clashed over Cernochova's interventions in the work of the military. Fiala will host a meeting with the two officials today, seemingly seeking to allow them to find an optimal mode of cooperation.
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