Economic policy

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

3rd October 2017 / Economic policy / Employment and Social Affairs

AmCham CZ Research: Manufacturing Workforce Trends

Manufacturing companies in the Czech regions are in a tough competition with Prague for talent, and the drop in working age population is putting pressure on the ability to deliver, as well as salaries.

27th September 2017 / Economic policy / Macroeconomic Indicators, Economic Growth

Time for Higher Interests Rates

Is it overheating or not? The talk is about the Czech economy. Judging by the development of consumer prices (and their) forecast, it does not appear to do so. But the labour market and apartment prices tell a different story. It is apparently about time that the economic policy take its foot off the pedal and start putting the brakes on. Limited reliance can be usually placed on fiscal policy, namely in the year when elections are to be held. So only the central bank remains. And it decided to intervene in early August, increasing interest rates for the first time since 2008.

26th September 2017 / Economic policy / Macroeconomic Indicators, Economic Growth

Reuters: Czech government approves 2018 budget with shrinking deficit

PRAGUE, Sept 25 (Reuters) - The Czech cabinet approved on Monday its 2018 central state budget draft with a planned deficit of 50 billion crowns ($2.29 billion), the last finance plan for the centre-left ruling coalition before an October election.