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
ISPV/Trexima/ČSÚ: Recent data on median & average wages, labor costs per employee
In 3Q 2017, the biggest difference between median and average was recorded in the private sector in the banking and insurance sector, where the gap reached CZK 11,652 per month. There are professions in the information and communication sector where the monthly average wage was 10,012 CZK higher than the median wage, says Trexima, based on data in the Information System on Average Income ISPV that includes data on median wages.
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Eurostat: Czech Republic achieves 2020 goal for share of renewables in energy consumption
According to Eurostat, in 2016, the share of energy from renewable sources in gross final consumption of energy reached 17% in the European Union (EU), double the share in 2004 (8.5%), the first year for which the data are available. Among the 28 EU Member States, 11 have already reached the level required to meet their national 2020 targets: Bulgaria, the Czech Republic, Denmark, Estonia, Croatia, Italy, Lithuania, Hungary, Romania, Finland and Sweden.
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Emerging Europe surpasses 2,000 M&A deals in 2017
China became the largest foreign investor across emerging Europe* in 2017, according to the “Emerging Europe M&A report 2017/2018” published by CMS in cooperation with EMIS. China increased the value of its investments into the region by 78% to €7.7bn, after a 96% rise in 2016. The US remained the busiest investor by number of deals with 92 transactions in 2017. These results may be a sign of things to come for the region as domestic investment continued to dominate activity: Russian investors clocked up 603 deals worth a value of €22.5bn; Polish investors negotiated 166 deals worth €4.3bn.
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