Economic policy / Macroeconomic Indicators, Economic Growth
This section reports on economic policy initiatives of the Czech government, the EU, and other entities that have a direct impact on the competitiveness of the country. It also includes information on economic priorities of the AmCham and other leading associations.
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Spotlight issue
AmCham Finance Committee debate on CZK: "The official end of the currency floor turned out not to be the end of general environment and investors still had koruna as a target for investment.”
On April 12, AmCham Finance Committee held a discussion about CZK development with chief economists of our bank members, including Jan Vejmělek of Komerční banka, Jakub Seidler of ING Bank, Michal Skořepa of Česká spořitelna, and Helena Horská of Raiffeisenbank.
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J.Bures, CSOB: Prices of Czech residential housing are growing at the fastest pace in Europe, but that does not necessarily mean that the real estate is "overpriced"
Prices of Czech residential housing are growing at the fastest pace in Europe, but that does not necessarily mean that the real estate is "overpriced". In relation to rental prices, it is not. In terms of accessibility, i.e. in relation to wages, it is, though, says Jan Bureš, Economist at CSOB and Chief Economist at Patria Finance.
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ING Bank: Czech PMI stabilises in April
Czech PMI remains at its 6-month low in April. Although not a game changer for the central bank, the recent weakness of the CZK increases the likelihood of hikes in the second half of the year.
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