Daily summary of the economy in the Czech Republic: stock market index PX, state budget, Schillerová, budgetary rules (August 27, 2026).

The Prague Stock Exchange closed at a new historical high on Wednesday, with the PX index rising by 0.25 percent. The Chamber of Deputies on Wednesday overturned President Petr Pavel's veto of amendments to budgetary rules—the law will allow the government more flexibility in spending on defense and strategic infrastructure. Finance Minister Schillerová has reached an agreement with Prime Minister Babiš on the draft state budget for next year, which will be published on Monday, August 31st. The German economy grew faster in the second quarter than initially estimated.

The Prague Stock Exchange closed at a new historical high on Wednesday. The PX index rose by 0.25 percent to 2,811.26 points, breaking the previous record from August 6th of this year. It has risen for the fourth consecutive day. Erste Bank and CSG shares were the main drivers of the increase. Market activity was below average.

The Chamber of Deputies on Wednesday overturned President Petr Pavel's veto of amendments to laws governing the preparation of public budgets with 104 votes. The bill will allow the government to increase defense spending above current limits for several more years, and the same will apply to strategic infrastructure projects. The cabinet will also be able to exceed approved expenditures in the event of a deteriorating security situation, and in some cases, intervene in the budgets of individual ministries without the consent of the parliamentary budget committee. The opposition intends to challenge the law in the Constitutional Court.

Finance Minister Alena Schillerová has reached an agreement with Prime Minister Babiš on the form of the draft state budget for next year and will publish it on Monday, August 31st. The deficit will be higher than this year's 310 billion crowns, but will remain below 400 billion crowns. The adopted relaxation of budgetary rules will allow, among other things, to move the financing of nuclear construction out of the state budget so that it does not appear in the deficit.

The German economy grew faster in the second quarter of this year than initially estimated—gross domestic product increased by 0.3 percent quarter-on-quarter, with stronger exports being the main driver. At the same time, the August Ifo business climate index was slightly better than expected. The improved condition of the Czech Republic's largest trading partner is good news for the domestic industry and exports.

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Daily summary of the economy in the Czech Republic: stock market index PX, state budget, Schillerová, budgetary rules (August 27, 2026).

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