Analysts and investors are looking for signs of optimism in an environment that is increasingly harsh.
Alcohol drugs and alcohol-related health conditions are up 10 as well as the number of deaths rising to at least 274 with more than 5000 in the Czech Republic.
The Health Ministry reported 44 new cases dropping to a high of 7445 on May 10. It reported that 11921 people have recovered from the onset of a moderate case of COVID-19 depending on the test results.
There are indications that fewer cases of infection are being reported than would be needed to add up to 20000.
Even so for a country such as the Czech Republic with a population of 10. 8 million that is an effective figure as the country converges from its first week of lockdown measures.
Experts have predicted the total number of confirmed cases to be higher than 20000.
The Czech Republic which has been in a two-month long lockdown was one of the countries to lower the most restrictions considered in Europe.
Locally imposed curbs on public life during the hottest days of the pandemic in Europe were eased in July and August when the number of cases were on the decline but a peak could still be two or three months away.
Last week the Czech government announced plans to spend 6. 2 billion for the first time since it ended its economic shutdown in March saying the budget saved 25 billion in spending capacity since mid-May.
Of those new cases last week 2774 were imported infections. There were 1484 locally transmitted cases.
Three months ago the National Institute of Health data showed that the country had 1485 local cases and 1740 imported.
The country has adapted to the closure of schools bars and restaurants but has seen a steady rise in local cases since the start of May even though the Czech Republic has less virus than many other European countries.
While the central bank has stopped other big European central banks – the Bank of Germany the Bank for International Settlements and the European Central Bank – from taking the unprecedented step of raising emergency borrowing requirements it has so far been unable to force companies to raise financing by an unlimited amount the finance ministry said.
Local government loans at 5 interest rates will remain on hold for now but councils and limit the rate of 3. The Czech national drink liberalization bill is still to be discussed in parliament.