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.

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Spotlight issue

22nd April 2020 / Competitiveness / Business and Industry

Coronavirus – a practical guide for employers in the Czech Republic

We are continually updating this guide in response to the gradual publication of official information by public authorities. Latest update: 20 April 2020, 13:00 (School closures. Ban on public and private events. Retail and services. Closure of establishments providing leisure activities and sport). We are bringing employers up-to-date practical recommendations and advice. Similar practical summaries in the areas of contractual and regulatory matters can be found in the Q&As to contracts and regulation.

22nd April 2020 / Competitiveness / Health Care

BioNTech and Pfizer announce regulatory approval from German authority Paul-Ehrlich-Institut to commence first clinical trial of COVID-19 vaccine candidates

First COVID-19-related clinical trial to start in Germany Initial dose escalation phase to target dose range of 1µg to 100µg Clinical supply from BioNTech’s GMP-certified mRNA production facilities in Europe Four vaccine candidates to enter clinical development

22nd April 2020 / Competitiveness / Tax & Finance

Financial Statements in the Time of the Coronavirus

We have not yet recovered from how our world virtually changed overnight. From a colourful world of abundance and wealth, we suddenly find ourselves in a world where we have to avoid personal contact, cannot move freely and fear for our and our family’s health. Despite all the big fears and smaller ones, many see the new situation as an opportunity. Suddenly we all communicate via modern technology, organise video- and teleconferences, scan, e-mail and find out that it might actually not be necessary to keep binders full of papers.