The Ministry of Finance today publishes the draft state budget for next year, with a deficit of less than four hundred billion crowns. The number of participants in the third pillar of the pension system decreased by fifteen thousand in the first half of the year. The industrial group CE Industries, owned by Jaroslav Strnad, denied that it had submitted an offer to take over the indebted Italian steel plant Acciaierie d'Italia.

The Ministry of Finance today publishes the draft state budget for next year. The deficit will be higher than this year's three hundred and ten billion crowns, but will remain below four hundred billion. Minister Alena Schillerová confirmed that President Petr Pavel does not plan to veto the budget, except in the case of significant underfunding of defense spending.

The Ministry of Finance is also preparing minor tax adjustments, including taxation of nicotine pouches and penalties for undeclared work.

The number of people saving for retirement with state contributions in the third pillar of the pension system decreased by fifteen thousand in the first half of this year to 3.9 million, according to statistics from the Ministry of Finance. Last week, the government approved an amendment to the law aimed at increasing interest, especially among younger people, in saving for retirement, so that they can create a larger financial reserve for old age.

The industrial group CE Industries, owned by Jaroslav Strnad, denied that it had submitted an offer to take over the Italian steel plants Acciaierie d'Italia. The steel plant in Taranto needs extensive investment, and due to environmental problems, there is a risk of shutting down blast furnaces. The Italian government is looking for an investor for the entire company, and other foreign investors are also interested.

gnews.cz - GH

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