• Ministry of Finance and Czech National Bank published
euro adoption plan. It does not include specific date when the currency should be adopted as it is framework for practical preparation for
euro.
• European Commissioner Joaquin Almunia sees risk of significant decline in the USA. Risks for growth are protectionism and new oil prices increase. On the other hand,
euro exchange rate is compatible with the growth.
•
According to expectations, US inflation in March reached 2.8%, slightly below expectations was core
CPI. US industrial production decreased by 0.2% m/m in the same period while market expected flat production.
• Average wage in corporate sector in Poland increased by 9.1% in March.
• Ministry of Environment is going to submit proposal for ecological tax reform at the end of April.
According to Minister Martin Bursik, this should be tax neutral while electricity prices would go up by 1%.
• Eurozone’s balance of trade ended in deficit of EUR 1.7bn in February. In the previous month deficit reached EUR 7bn.