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

11th November 2016 / Economic policy / Health Care

ÚZIS: Health care and health in the Czech Republic - economic results of hospitals, data on individual fields of medicine

Hospitals’ costs totalled CZK 141.6bn in 2015, up 5.1% year-on-year. Personnel costs increased by 6.5% year-on-year and accounted for 46.3% of total costs in 2015.

9th November 2016 / Economic policy / Macroeconomic Indicators, Economic Growth

EC Autumn 2016 Economic Forecast: Czech Republic: Growth expected to gather speed but downside risks dominate

The economic growth is expected to fall to 2.2% in 2016 from 4.5% in 2015, largely due to the drop in investment linked to the cycle of EU investment funding. Growth is expected to pick up to 2.6% in 2017 and 2.7% in 2018 as investment activity recovers, also supported by the continuing strength in private and public consumption. The headline government deficit is forecast to decline to 0.2% in 2016, from 0.6% in 2015, but to creep upwards in 2017 and 2018, Autumn 2016 Economic Forecast published by the European Comission says.

2nd November 2016 / Economic policy / Macroeconomic Indicators, Economic Growth

IMF: In some CESEE EU countries, current solid growth may be difficult to sustain

According to the recently published IMF report Central, Eastern, and Southeastern Europe: Effective Government for Stronger Growth, with profit margins near 2009 lows in some and falling appreciably in other CESEE EU countries, the current solid growth may be difficult to sustain. Without a rebound in productivity, which takes time, it may be difficult to achieve durable growth.