{"id":105118,"date":"2026-04-22T00:18:58","date_gmt":"2026-04-21T22:18:58","guid":{"rendered":"https:\/\/www.infokuryr.cz\/n\/?p=105118"},"modified":"2026-04-21T11:37:24","modified_gmt":"2026-04-21T09:37:24","slug":"sefka-ecb-bije-na-poplach-evropu-ohrozuji-pridelovy-system-inflace-a-nabidkovy-sok","status":"publish","type":"post","link":"https:\/\/www.infokuryr.cz\/n\/2026\/04\/22\/sefka-ecb-bije-na-poplach-evropu-ohrozuji-pridelovy-system-inflace-a-nabidkovy-sok\/","title":{"rendered":"\u0160\u00e9fka ECB bije na poplach: Evropu ohro\u017euj\u00ed p\u0159\u00edd\u011blov\u00fd syst\u00e9m, inflace a nab\u00eddkov\u00fd \u0161ok"},"content":{"rendered":"<div id=\"fb-root\"><\/div>\n<p><strong><span dir=\"auto\">Lagardeov\u00e1 bije na poplach: Evrop\u0161t\u00ed spojenci sl\u00e1bnou, prob\u00edh\u00e1 p\u0159\u00edd\u011blov\u00fd syst\u00e9m, dal\u0161\u00ed \u0161ok za\u010dal.<\/span><\/strong><\/p>\n<p><span dir=\"auto\">Prezidentka Evropsk\u00e9 centr\u00e1ln\u00ed banky Christine Lagardeov\u00e1 pronesla mimo\u0159\u00e1dn\u011b up\u0159\u00edmn\u00fd projev s varov\u00e1n\u00edm, kter\u00e9 jde daleko za r\u00e1mec \u00farokov\u00e9 politiky: Evropa \u010del\u00ed historick\u00e9 zkou\u0161ce, star\u00e9 cenn\u00e9 pap\u00edry se hrout\u00ed, \u0161oky v nab\u00eddce se stup\u0148uj\u00ed \u2013 a v n\u011bkter\u00fdch \u010d\u00e1stech ekonomiky ji\u017e prob\u00edh\u00e1 p\u0159\u00edd\u011blov\u00fd syst\u00e9m.<\/span><\/p>\n<h2 class=\"wp-block-heading\"><span dir=\"auto\">\u201eJeden z nejkriti\u010dt\u011bj\u0161\u00edch okam\u017eik\u016f za 75 let\u201c<\/span><\/h2>\n<p><span dir=\"auto\">Lagardeov\u00e1 hovo\u0159ila o situaci, jakou Evropa za posledn\u00ed desetilet\u00ed neza\u017eila. Po pandemii, v\u00e1lce na Ukrajin\u011b, energetick\u00e9 krizi a obchodn\u00edch konfliktech se p\u0159idal dal\u0161\u00ed \u0161ok: vojensk\u00fd konflikt v okol\u00ed Hormuzsk\u00e9ho pr\u016flivu \u2013 nejd\u016fle\u017eit\u011bj\u0161\u00ed energetick\u00e9 tepny sv\u011bta.<\/span><\/p>\n<p><span dir=\"auto\">Pro Evropu to znamen\u00e1 nic men\u0161\u00edho ne\u017e konec star\u00fdch jistot.<\/span><\/p>\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\">\n<div class=\"wp-block-embed__wrapper\"><iframe loading=\"lazy\" title=\"\u0160\u00e9fka ECB Christine Lagardeov\u00e1 zd\u016fraznila ekonomiku na akci BdB v Berl\u00edn\u011b | Zpr\u00e1vy DRM | AF1F\" src=\"https:\/\/www.youtube.com\/embed\/h4aQ0bYt-XE?feature=oembed\" width=\"800\" height=\"450\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\" data-mce-fragment=\"1\"><\/iframe><\/div>\n<\/figure>\n<h2 class=\"wp-block-heading\"><span dir=\"auto\">Chyb\u00ed 13 milion\u016f barel\u016f denn\u011b<\/span><\/h2>\n<p><span dir=\"auto\">Podle Lagardeov\u00e9 \u010din\u00ed sou\u010dasn\u00fd deficit p\u0159ibli\u017en\u011b:<\/span><\/p>\n<p><strong><span dir=\"auto\">13 milion\u016f barel\u016f ropy denn\u011b<\/span><\/strong><\/p>\n<p><span dir=\"auto\">To odpov\u00edd\u00e1 p\u0159ibli\u017en\u011b\u00a0<\/span><strong><span dir=\"auto\">13 procent\u016fm celosv\u011btov\u00e9 spot\u0159eby<\/span><\/strong><span dir=\"auto\">\u00a0.<\/span><\/p>\n<p><span dir=\"auto\">U\u017e jen toto \u010d\u00edslo ukazuje rozsah: Nejde o b\u011b\u017en\u00e9 pohyby na trhu, ale o glob\u00e1ln\u00ed naru\u0161en\u00ed s okam\u017eit\u00fdmi d\u016fsledky pro ceny, pr\u016fmysl a dod\u00e1vky.<\/span><\/p>\n<h2 class=\"wp-block-heading\"><span dir=\"auto\">Spot\u0159eba petroleje se zdvojn\u00e1sobila \u2013 leti\u0161t\u011b ji\u017e zav\u00e1d\u011bj\u00ed p\u0159\u00edd\u011blov\u00fd syst\u00e9m<\/span><\/h2>\n<p><span dir=\"auto\">Obzvl\u00e1\u0161t\u011b v\u00fdbu\u0161n\u00e9: Lagardeov\u00e1 potvrdila, \u017ee\u00a0<\/span><strong><span dir=\"auto\">ceny petroleje se od vypuknut\u00ed konfliktu zhruba zdvojn\u00e1sobily<\/span><\/strong><span dir=\"auto\">\u00a0.<\/span><\/p>\n<p><span dir=\"auto\">Krom\u011b toho je na n\u011bkter\u00fdch evropsk\u00fdch leti\u0161t\u00edch ji\u017e zaveden p\u0159\u00edd\u011blov\u00fd syst\u00e9m.<\/span><\/p>\n<p><span dir=\"auto\">To znamen\u00e1: Krize u\u017e nen\u00ed jen teoretick\u00e1. Dorazila prakticky \u2013 p\u0159\u00edmo do srdce Evropy.<\/span><\/p>\n<h2 class=\"wp-block-heading\"><span dir=\"auto\">Hroz\u00ed otrava j\u00eddlem<\/span><\/h2>\n<p><span dir=\"auto\">\u0160\u00e9f ECB pouk\u00e1zal na t\u0159i obzvl\u00e1\u0161t\u011b kritick\u00e9 dodavatelsk\u00e9 \u0159et\u011bzce:<\/span><\/p>\n<ul>\n<li><span dir=\"auto\">P\u0159ibli\u017en\u011b jedna t\u0159etina sv\u011btov\u00fdch dod\u00e1vek hnojiv proch\u00e1z\u00ed p\u0159es Hormus.<\/span><\/li>\n<li><span dir=\"auto\">P\u0159ibli\u017en\u011b t\u0159etina sv\u011btov\u00e9 produkce h\u00e9lia poch\u00e1z\u00ed z oblasti Persk\u00e9ho z\u00e1livu.<\/span><\/li>\n<li><span dir=\"auto\">T\u00e9m\u011b\u0159 p\u011btina produkce methanolu je ohro\u017eena<\/span><\/li>\n<\/ul>\n<p><span dir=\"auto\">To ovliv\u0148uje zem\u011bd\u011blstv\u00ed, chemick\u00fd pr\u016fmysl, polovodi\u010de a pr\u016fmysl sou\u010dasn\u011b.<\/span><\/p>\n<p><span dir=\"auto\">M\u00e9n\u011b hnojiv znamen\u00e1 ni\u017e\u0161\u00ed sklize\u0148 pozd\u011bji. M\u00e9n\u011b chemick\u00fdch surovin znamen\u00e1 probl\u00e9my s v\u00fdrobou. M\u00e9n\u011b h\u00e9lia ovliv\u0148uje high-tech a l\u00e9ka\u0159sk\u00e9 technologie.<\/span><\/p>\n<h2 class=\"wp-block-heading\"><span dir=\"auto\">Inflace by se mohla brut\u00e1ln\u011b vr\u00e1tit<\/span><\/h2>\n<p><span dir=\"auto\">Lagardeov\u00e1 jasn\u011b uvedla, na co ob\u010dan\u00e9 reaguj\u00ed nejsiln\u011bji:<\/span><\/p>\n<ul>\n<li><span dir=\"auto\">Ceny potravin<\/span><\/li>\n<li><span dir=\"auto\">Ceny benzinu<\/span><\/li>\n<\/ul>\n<p><span dir=\"auto\">Pokud oba faktory vzrostou sou\u010dasn\u011b, hroz\u00ed nov\u00e1 vlna inflace \u2013 i kdy\u017e inflace ned\u00e1vno klesla.<\/span><\/p>\n<h2 class=\"wp-block-heading\"><span dir=\"auto\">Politick\u00e1 bomba: \u201eSpojenci miz\u00ed\u201c<\/span><\/h2>\n<p><span dir=\"auto\">Jej\u00ed geopolitick\u00e1 slova byla nejost\u0159ej\u0161\u00ed:<\/span><\/p>\n<p><em><span dir=\"auto\">Jistoty minulosti miz\u00ed.<\/span><\/em><br \/>\n<em><span dir=\"auto\">Spojenci miz\u00ed.<\/span><\/em><br \/>\n<em><span dir=\"auto\">P\u0159\u00e1tel\u00e9 by se mohli st\u00e1t nep\u0159\u00e1teli.<\/span><\/em><br \/>\n<em><span dir=\"auto\">Nep\u0159\u00e1tel\u00e9 by se mohli st\u00e1t p\u0159\u00e1teli.<\/span><\/em><\/p>\n<p><span dir=\"auto\">To je pro prezidenta ECB pozoruhodn\u00e1 formulace \u2013 a z\u00e1rove\u0148 zn\u00e1mka toho, jak hlubok\u00e1 nyn\u00ed sah\u00e1 nejistota.<\/span><\/p>\n<h2 class=\"wp-block-heading\"><span dir=\"auto\">Varov\u00e1n\u00ed pro vl\u00e1dy<\/span><\/h2>\n<p><span dir=\"auto\">Lagardeov\u00e1 se tak\u00e9 vyslovila proti impulzivn\u00ed krizov\u00e9 pomoci. St\u00e1ty u\u017e nedok\u00e1\u017eou tlumit ka\u017ed\u00fd \u0161ok pro ka\u017ed\u00e9ho ob\u010dana. Jejich finan\u010dn\u00ed man\u00e9vrovac\u00ed prostor se zmen\u0161uje.<\/span><\/p>\n<p><span dir=\"auto\">Ti, kdo dotuj\u00ed v\u0161echno, dlouhodob\u011b ohro\u017euj\u00ed ve\u0159ejn\u00e9 finance.<\/span><\/p>\n<h2 class=\"wp-block-heading\"><span dir=\"auto\">Posledn\u00ed odpov\u011b\u010f Evropy: Bu\u010f spolu, nebo prohrajeme<\/span><\/h2>\n<p><span dir=\"auto\">Lagardeov\u00e1 vyzvala k integrovan\u011bj\u0161\u00ed Evrop\u011b:<\/span><\/p>\n<ul>\n<li><span dir=\"auto\">spole\u010dn\u00fd vnit\u0159n\u00ed trh<\/span><\/li>\n<li><span dir=\"auto\">hlubok\u00fd kapit\u00e1lov\u00fd trh<\/span><\/li>\n<li><span dir=\"auto\">Investice evropsk\u00fdch \u00faspor v Evrop\u011b<\/span><\/li>\n<li><span dir=\"auto\">ekonomick\u00e1 nez\u00e1vislost<\/span><\/li>\n<li><span dir=\"auto\">strategick\u00e1 suverenita<\/span><\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\"><span dir=\"auto\">Z\u00e1v\u011br<\/span><\/h2>\n<p><span dir=\"auto\">Christine Lagardeov\u00e1 nemluvila jako typick\u00e1 centr\u00e1ln\u00ed bank\u00e9\u0159ka. Mluvila jako krizov\u00e1 mana\u017eerka v dob\u011b velk\u00fdch zm\u011bn.<\/span><\/p>\n<p><span dir=\"auto\">Kdy\u017e nejvy\u0161\u0161\u00ed evropsk\u00fd m\u011bnov\u00fd str\u00e1\u017ece ve\u0159ejn\u011b hovo\u0159\u00ed o p\u0159\u00edd\u011blov\u00e9m syst\u00e9mu, zmizel\u00fdch spojenc\u00edch a ot\u00e1zk\u00e1ch p\u0159e\u017eit\u00ed, pak je jasn\u00e9:<\/span><\/p>\n<p><span dir=\"auto\">Dal\u0161\u00ed velk\u00e1 krize ji\u017e za\u010dala.<\/span><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-1185\" src=\"http:\/\/www.infokuryr.cz\/n\/wp-content\/uploads\/2021\/04\/kuryr-podpis.png\" alt=\"\" width=\"84\" height=\"24\" \/><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lagardeov\u00e1 bije na poplach: Evrop\u0161t\u00ed spojenci sl\u00e1bnou, prob\u00edh\u00e1 p\u0159\u00edd\u011blov\u00fd syst\u00e9m, dal\u0161\u00ed \u0161ok za\u010dal. Prezidentka Evropsk\u00e9&#8230;<\/p>\n","protected":false},"author":2,"featured_media":89443,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[7],"tags":[2616,2145,283,371],"_links":{"self":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/posts\/105118"}],"collection":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/comments?post=105118"}],"version-history":[{"count":0,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/posts\/105118\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/media\/89443"}],"wp:attachment":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/media?parent=105118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/categories?post=105118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/tags?post=105118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}