Czech government reviews fuel price caps and proposal to embed the crown in the constitution
The Ministry of Finance will keep daily fuel price caps in place until the end of the month and the cabinet will debate a constitutional amendment to anchor the Czech crown.
One outlet fuel-price regulation, reinstated at the start of October, continues to operate until the month’s close, with the Ministry of Finance publishing daily maximum prices for gasoline and diesel. Prices are calculated from a rolling three-day wholesale average plus a maximum trader margin of 2.50 CZK per litre, and the diesel tax is being lowered from 9.95 to 8.011 CZK per litre. Simultaneously, the cabinet will discuss a constitutional amendment to permanently anchor the Czech crown, a bill put forward by Foreign Minister Petr Macinka, Minister for Sport, Prevention and Health Boris Šťastný, MP Filip Turek and Chamber Speaker Tomio Okamura.
The amendment needs a three-quarter vote in both the Senate and the Chamber of Deputies; it lacks sufficient support in the Senate, where neither Motoristé sobě nor SPD have senators, and the governing coalition in the lower house falls short of the required 150 votes. The government will also review a senators’ proposal to make murder a non-prescribable crime, mirroring a similar measure already pending in the Chamber.
Why it matters
Fuel pricing and a constitutional change to protect the national currency affect everyday costs and economic stability for Czech citizens.
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