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TOP09 Resumes Discussion On Ministerial Candidate, Domestic Data Under Scrutiny

CZECHIA
  • The TOP09 party continues to struggle to choose a replacement for Science and Research Minister Helena Langsadlova as the candidacy of leading candidate Pavel Tuleja has been undermined by revelations about his publication record. Tuleja eventually withdrew his candidacy, with the party planning to discuss an alternative nomination later today.
  • The Cabinet holds a weekly meeting, with ministers set to discuss an amendment to nuclear legislation that would simplify regulations on the construction of new reactors.
  • The CZSO released the following data for the month of March this morning:
    • Trade balance +CZK39.3bn (BBG est. +CZK17.0bn)
    • Industrial output -11.1% Y/Y (BBG est. -8.4% Y/Y)
    • Construction output -8.3% Y/Y
  • The CNB will release an update on its FX reserves for April and the volume of FX operations for March at 09:00BST/10:00CEST.

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