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
Eurostat: Czech educational expenditure below EU28 average; teachers' pay below Czech average wage
The Czech Republic, with expenditures on education amounting to 4.3% of GDP, is below the EU28 average of 5.3%. The top performer is Sweden with 7.4% of GDP spent on education, whereas Latvia and Romania give out only 2.6% of their GDP.
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IMF's Managing Director: Demographic Change and Economic Well-being: The Role of Fiscal Policy
Without action, public pension and health systems will not be sustainable over the long-term. Our grandchildren would face unsustainable public debt and sharp tax increases that could stifle growth and reduce their economic well-being, IMF Managing Director Christine Lagarde said at the Massachusetts Institute of Technology.
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European Investment Bank lending in Czech Republic 2011-2015 | EIB opens Prague office | Q&A on EIP, EFSI
Eurpean Investment Bank's investment in the Czech Republic came to EUR 324 million in 2015. Of this amount, 77% benefitted the country’s SMEs and Midcaps, while the remaining 23% financed small-scale investments targeting energy efficiency measures. Over the past five years (2011-2015) the EIB has invested EUR 4.3 billion in the Czech Republic. SMEs account for 48% of this figure, reflecting the Bank’s priority objectives in the EU in recent years. Today, EIB opened its Prague office. Q&As on the European Investment Plan and the European Fund for Strategic Investments inside...
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