Competitiveness

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

18th May 2020 / Competitiveness / Transport, Infrastructure and Tourism


PCB: From Record Rise to Record Decline: Impact of Crisis Measures on Prague Meetings Industry is Enormous

14 May 2020, Prague – Prague meetings industry is an essential part of the Czech capital city’s and country’s tourism, as well as of their economy. Based on an analysis conducted by KPMG for the Prague Convention Bureau in 2017, the meetings industry accounts for 15% of the overall tourism industry in Prague. At the same time, it is also the sector most affected by the crisis that incurred from the COVID-19 disease outbreak. According to the latest study by the Economic Impact company, revenues in multiplication may drop by more than 20 billion crowns in 2020. This represents a decrease of 74%, when compared with expected sales in case the emergency situation had not occurred.
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14th May 2020 / Competitiveness / Energy and Environment


Dentons launches 2020 edition of its ‘Investing in renewable energy projects in Europe’ guide

As we start a new decade, the forces shaping the European renewables sector are familiar enough, but the longer-term future in each market is becoming harder to predict. State action—for example, in the form of renewables support auctions—remains key. However, the tasks facing governments and regulators are multiplying and becoming more complex, particularly as decarbonization becomes as much a matter of industrial policy as of energy market regulation.
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13th May 2020 / Competitiveness / Tax & Finance


As work sites slowly start to reopen, CFOs are optimistic they can keep their customers and employees safe - PwC survey

As work sites slowly start to reopen, CFOs are optimistic they can keep their customers and employees safe - PwC survey As COVID-19 restrictions continue to slowly lift in some countries while others remain in lockdown, PwC’s latest COVID-19 CFO Pulse reveals a sense of optimism among finance leaders about their companies’ ability to reopen safely. Seventy-five percent of CFOs feel very confident they can meet customers’ safety expectations, and 70% are very confident they can provide a safe working environment for employees. The survey of 867 CFOs in 24 countries and territories also found that about half (49%) of CFOs are considering making remote work a permanent option where feasible, and 48% are looking at accelerating automation and other ways of working.  
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Members of the American Chamber of Commerce in the Czech Republic