Babiš admits next year’s state budget deficit will exceed this year’s

Prime Minister Andrej Babiš admitted that next year’s state budget will have a higher deficit than this year. He justified this by the need for investment. The first budget proposed and approved by Babiš’s coalition government counts on a deficit of 310 billion crowns.

Gas prices are set to rise this year, tariffs will change quickly

An increase in gas prices this year is inevitable, especially in the second half of the year. The rise is therefore likely to be quickly reflected in new supplier tariffs. This follows from an analysis by the consulting company EGU. The expected price increase will be a result of the ongoing conflict in the Persian Gulf.