Government to approve 2027 budget and discuss measures against high fuel prices

The Czech government is due to approve its proposed state budget for 2027 on Monday. Finance Minister Alena Schillerová (ANO) is expected to present details afterwards. The draft envisages a deficit of around CZK 386 billion following an agreement by the governing coalition to reduce the original figure by roughly CZK 3 billion. Ministers will also discuss measures to address rapidly rising petrol and diesel prices, driven by escalating conflict in the Middle East and limited refinery capacity. Other items include pension increases, transport infrastructure funding and the state’s payments for people whose health insurance is covered by the government.