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We bring you the 164th episode of Štěpán Křeček's OFFLINE podcast. Miroslav Singer is a Czech economist, who was the governor of the Czech National Bank from 2010 to 2016. Since 2017, he has been the director of institutional relations and chief economist of Generali CEE Holding, and since January 2018, he has also been a member of the executive committee. In this episode, Štěpán Křeček discussed key economic topics with former CNB governor Miroslav Singer. The debate focused on the current state of the German economy and Europe's ability to compete with other world regions. The guests also discussed the issue of shale mining in the EU and the position of the Czech Republic as a prosperous or non-prosperous country. In other parts of the interview, they addressed the shortage of labor in the Czech Republic, the priorities of individual EU countries, and the will for change in Europe. Finally, the discussion focused on the current Czech government's approach to public finances. 00:00 - Intro 00:15 - Introduction 01:21 - State of the German economy 04:10 - Europe's ability to compete with other parts of the world 07:27 - Shale mining in the EU 08:45 - The Czech Republic as a (non)prosperous country 16:24 - Labor shortage in the Czech Republic 19:04 - Priorities of individual EU countries 24:05 - Will for change in Europe 29:21 - How the current Czech government approaches public finances 34:02 - Debate on ESG