The ODS prepares a tax revolution before elections. The state budget would collect a flat 15 per cent tax rate from all incomes of citizens and companies. The party presents lower tax evasions as the main advantage. On the other hand, CSSD proposes a higher degree of tax rates progression.
Josef Hojdar (CSSD), chairman of the Chamber of Deputies economic committee and member of privatization commission, said at energy congress Enerkon that there is an investor offering CZK 230bn for CEZ and energy distributing companies. But he declined to name the investor. As Spanish Iberdrola as well as French EdF and Italian Enel gave up the competition, we can expect anybody of RWE, E.ON or International Power.
Polish industrial output declined 1.4%, y-o-y, in January after a drop of 4.8% in December. Even with three working days more in January than a month earlier, January traditionally reflects lower productivity because of winter vacations and the slowing economy further limited orders.
European industrial production rose in December for the first time in four months. Industrial production in the eurozone increased by 0.8% from November. From a year earlier, production fell 4.1%.
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