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

27th December 2013 / Economic policy /

Economic Policy: Obama signed budget law

President Barack Obama signed $1.01 trillion spending plan. Budget is projected to cut the federal government’s deficit of $17 trillion by $23 billion over 10 years. The Pentagon law authorizes a $526.8 billion ceiling for military spending and includes pay raises for troops, $80.7 billion for overs...

17th December 2013 / Economic policy /

Economic Policy: Russia reached economic deal with Ukraine amid protests

Regardless a backdrop of continuous demonstrations in Kiev, Ukrainian President Viktor Yanukovych met Russian president Putin in Moscow and closed economic deal on Tuesday. According to the deal, Russia will invest $15 billion in Ukraine and grant it a $7 billion gas discount in order to help Kiev a...

7th December 2013 / Economic policy / Trade and Investment

Economic Policy: WTO reached first global trade deal

The World Trade Organization reached deal that could add $1 trillion to the global economy and create more than 20 million jobs, 18 million of them in developing nations. Deal marked end of 12 years of fruitless negotiations. The deal would lower trade barriers and speed up the passage of goods thr...