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Gov't May Discuss Ending Windfall Tax In 2024, CNB Blackout Begins

CZECHIA
  • Finance Minister Zbynek Stanjura told Seznam Zpravy that the government could discuss whether to end a windfall tax on banks and energy companies next year. The measure is set to expire in 2025, but if it is no longer needed, the tax may be ditched next year.
  • Constitutional Court Chief Justice Pavel Rychetsky will retire in less than two weeks, with President Petr Pavel set to announce his successor next week.
  • The Senate is expected to give a nod to the increase in excise duty on diesel by CZK1.5/litre and changes to the Labour Code.
  • The CNB's media quarantine ("media blackout") begins today at 14:00BST/15:00CEST ahead of next week's rate decision.

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