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

20th August 2014 / Economic policy / Employment and Social Affairs

Economic Policy: Kurzarbeit to be introduced in the Czech Republic

After its meeting on Monday 18th August Czech government announced that it has agreed with its partners prom business and trade union on the need on introducing so called “kurzarbeit” as a mean on dealing with the impact of sanctions applied on Russia and reciprocally on EU countries. Government ann...

8th August 2014 / Economic policy / Trade and Investment

Economic Policy: EU-Canada free trade deal finalized

Insiders have reported that talks on the EU-Canada free trade agreement were finalized on 5 August. The talks started in 2009 and political agreement on key issues was reached in October 2013. Now the text of the deal should be ready for final legal review and translation into the 23 EU official lan...

4th August 2014 / Economic policy /

Economic Policy: US FED to revoke its ‘quantitative easing’ program in October

The US Federal Reserve is likely to end its historic and controversial bond-buying stimulus program – or “quantitative easing” – after its monthly meeting in October. Monthly bond purchases are already cut from a peak of $85 billion to $35 billion following the results of the June meeting. The final...