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
AmCham President, Citibank's M.Nebeský on Radio Zet: "I am very optimistic - we will fare well in this new, fast era overloaded with data and information."
Before WW2 the then Czechoslovakia belonged to a group of countries with the highest GDP. The socialist regime turned the country into a developing market. According to Michal Nebeský, Managing Director, Citibank Czech Republic and the President of the American Chamber of Commerce in the Czech Republic, the Czech Republic has been gradually gaining back its position. Nevertheless, we are a “country of assembly lines” attractive for investors due to qualified and cheap labor force. Knowing this we should use flexibility, creativity and innovations, he says in an interview for Radio Zet.
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Eurostat: In Czech Rep air travel booked online for less than half of trips
In 2014, for just under 1 in 4 tourism trips (24 %), transport was booked online. However, for many trips where people travel with their own car no booking (whether online or offline) was needed. In six Member States (Belgium, Czech Republic, Greece, Spain, Romania and Slovakia), air travel was booked online for fewer than half of the trips, recent Eurostat data show.
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Právo: Companies upset about administrative burden - survey
The Právo daily published an article with details on administrative burden for Czech businesses, using data from the ČSOB-conducted survey, the Company expectations index. Besides the paperwork companies are upset about the frequent legislative changes and the level of taxes.
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