On the second day of the informal ECOFIN Council meeting in Prague, EU Finance Ministers discussed the sustainability of public finances in European countries. Further development of the European framework for direct taxation to promote economic growth and remove obstacles to cross-border investment was also discussed.
On 5 September 2022, the Ministry of Finance of the Czech Republic, with the support of the OECD and the European Commission, successfully completed a project aimed at introducing spending review processes into practice.
Minister of Finance Zbyněk Stanjura, Minister of Finance of Czech Republic and Economic and Financial Affairs Council, and Paschal Donohoe, President of the Eurogroup and Minister for Finance of Ireland met in Prague on Monday 18 July.
The main priorities of the Ministry of Finance during the Czech Presidency will be to continue the debate on the reform of fiscal rules and to promote sound and sustainable public finances.
Deputy Minister of Finance was appointed the government plenipotentiary for the negotiations of the 2023 EU Budget.
Joint Statement of the Ministry of Finance of Bulgaria, Ministry of Finance of the Czech Republic, Ministry of Finance of Poland, Ministry of Finance of Romania, Ministry of Finance of the Slovak Republic.
The Government has approved the joint recommendation of the Ministry of Finance of the Czech Republic and the Czech National Bank not to set a target date for adopting the euro yet.
After global markets closed today, Moody’s rating agency upgraded its rating for the long-term debt of the Czech Republic to the excellent Aa3 with stable outlook.
To show the strengths and weaknesses of the capital market in the Czech Republic and to outline a long-term strategy for its development. This is the goal of the National Strategy for the Development of the Capital Market in the Czech Republic 2019-2023, which the Czech government approved on March 4, 2019.
The Government has approved the joint recommendation of the Ministry of Finance of the Czech Republic and the Czech National Bank not to set a target date for adopting the euro in the Czech Republic yet.