2023/11/13 / Ceska Sporitelna Research |
EU News Monthly November 2023 A trio of Polish opposition groups will form a government led by the country's former prime minister, Donald Tusk. Robert Fico has become the prime minister of Slovakia. A governing coalition was formed by his Smer-SSD party after winning the September elections with the Hlas–Social Democracy party and Slovak National Party. The European Central Bank has ended the longest series of interest rate hikes in its history. In October, the Governing Council of the ECB left the key interest rate unchanged at 4 percent. Germany will support industry with 50 billion euros over the next 4 years. The support will be based not only on subsidies and support for business investments, but also on tax relief. It will mainly focus on investment and innovation. |
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Author | Ceska Sporitelna Research |
Date | 2023/11/13 |
Language | |
Product name | EU News Monthly |
Topic in focus | FX, Macro/ Fixed income |
Economy in focus | Czech Republic |
Currency in focus | Czech Koruna |
Sector in focus | - |
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