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.

Spotlight issue

17th February 2016 / Economic policy / Technology, R&D and Innovation


Government approves National Policy for R&D, Innovation for 2016-2020, sets key fields for applied research

At its session on 17 February, the Government approved the National Policy for Reasearch, Development and Innovation for 2016-2020. Compared with previous national R&D strategic documents, this time much greater emphasis is placed on the stregthening of applied research based on the needs of the economy and the public sector, said Pavel Bělobrádek, Vice-PM for Research, Development and Innovation. The employers say the strategic RDI document should be more focused on major problems such as the underdeveloped cooperation between the business and the R&D sectors...
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16th February 2016 / Economic policy / Macroeconomic Indicators, Economic Growth


Czech Statistical Office: 126 pensioners per 100 children below 14 years of age in Prague, Královéhradecký, Zlínský regions

The Czech Statistical Office published facts and figures related to the elderly, showing that the number of pensioners is rising. Earlier in January 2016, representatives of WHO, medical staff and hospitals informed that the Czech Republic was not ready for ageing of the society, does not have a system of care for the elderly in place and called for a solution. The pension system changes with every government. This government abolished the second tier of the pension system but has not moved further.
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11th February 2016 / Economic policy / Education


Czech Radio: Education Minister agrees to 10% wage volume rise for teachers. Negotiations with Finance Minister will follow | OECD PISA results: 4.4% increase in young Czech low performers in mathematics

The Education Minister Kateřina Valachová agrees to a 10% rise in wage volume allocated for paedagogical and non-paedagogical staff. "The increase that the labour unions demand is huge, but legitimate", said the Education Minister after today's meeting with labour unions representatives. According to the recently published OECD PISA results, there is an increasing number of young Czech low performers in mathematics, which is still the OECD average.
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Members of the American Chamber of Commerce in the Czech Republic