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
EU’s 9th sanctions package extends investment ban to mining and quarrying sector; expands bans on exports and professional services; more asset freeze designations; derogations for divestments and agri-food
EU’s 9th sanctions package extends investment ban to mining and quarrying sector; expands bans on exports and professional services; more asset freeze designations; derogations for divestments and agri-food
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As margins decline due to slowing growth and continued inflation, the CIO budget will come under pressure in 2023
Uncertain environment
The year 2021 saw a post-COVID boom with a 27 percent increase in S&P 500’s equity valuations. The Fed funds rate fluctuated around zero, reducing the costs of borrowing, and the massive growth led to increased spending across industries. Shifting to 2022, the experience has been different, the Fed funds rate has increased significantly, and the conflict-fed inflation genie has yet to be put back in the bottle. The slowing economy and continued inflation foreshadow a difficult profitability environment for 2023.
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Czech tech startup Mews raises four billion for expansion
Mews is a property management system designed to simplify and automate all operations of modern hoteliers through a cloud-based system that enables complete management of reservations, check-ins and handling of various guest requests.
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