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Interventions of public authority in business

Publication at Faculty of Law |
2022

Abstract

The Czech Republic is currently facing extremely demanding tasks, which are the result of economic measures forced by the epidemiological situation caused by COVID, then the international situation and the excessive prices of basic energies such as oil and gas, which is reflected in the prices of raw materials, food, services and also high inflation cannot be overlooked. All of this is exacerbated by the huge deficit of public budgets, i.e. by a deep mismatch between the size of public sector expenditures and, on the other hand, the insufficient size of budget revenues.

Without straightening out this discrepancy the problem remains, the state has to borrow for the normal running of the state.