• 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.
ding 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. Accor
ding 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.