Free Trial

Trimming State Subsidies Set for Discussion

CZECHIA
  • Coalition meetings are set to take place Monday, at which ministers will discuss potential cuts to state subsidies as step toward trimming budget deficits.
  • Lidove Noviny write that the upcoming winter should see lower energy prices than the prior year, making for a cheaper heating season.
  • The government are set to hold a reception for Ukraine’s foreign minister Kuleba, who is set to meet Lipavsky and address diplomats in Prague.
  • Late Friday, Fitch affirmed the Czech sovereign rating at AA-; Outlook negative.
  • GDP data due Tuesday is the focus for the week, with markets expecting Q2 GDP inline with Q1 at 0.1% on the quarter, and -0.6% on the year.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.