Competitiveness / Business and Industry

This section feature research, opinion and progress reports on how the Czech Republic compares to other EU countries economically. It includes analysis of international rankings such as the WEF and World Bank.

Spotlight issue

29th July 2020 / Competitiveness / Business and Industry


Evolving location strategies in the era of COVID-19

As COVID-19 continues to change lives across the globe, many employers are wondering what effects the pandemic will have on industries, jobs and the workforce over the near and long term. The severity of these impacts will depend on the duration of the pandemic and the effectiveness of the solutions and government actions taken to handle the crisis. Initial data already indicates which industries are being impacted most and how the pandemic is set to potentially alter the labor landscape over the long term. Corporations should be mindful of these impacts and thoughtful about how the shifting labor landscape informs their short- and long-term location strategies.
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21st July 2020 / Competitiveness / Business and Industry


For the fourth consecutive year, Czechs have to save the most in Europe to buy an apartment, more than 11 annual salaries

Czechs have to spend 11.4 average annual salaries to purchase their own 70 sqm apartment. Compared to 22 selected European countries, home ownership is the least affordable in the Czech Republic, closely followed by Serbia, where 11.3 local annual salaries are required to buy a new apartment. These are the findings of the latest Deloitte Property Index 2020 study. 
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15th July 2020 / Competitiveness / Business and Industry


Practical experience with applications under COVID – Rent programme

On 26 June 2020, the Ministry of Industry and Trade (MIT) launched the COVID – Rent programme. Applications should be accepted until 30 September 2020. Persons carrying out retail or performing services may apply for the compensation of rent for April to June 2020 up to 50%, or 80% where the lessor is a public institution.
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Members of the American Chamber of Commerce in the Czech Republic