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

3rd March 2021 / Economic policy / Macroeconomic Indicators, Economic Growth

Erste Group expects economic upturn in 2021

GDP growth rates seen between +3% and +6%, with Hungary posting region’s strongest upswing CEO Bernd Spalt: „We will experience an economic rebound in 2021“ Insolvencies: only trailing effect, no insolvency wave Company outlook: lower risk costs, significantly higher profits

2nd March 2021 / Economic policy / Macroeconomic Indicators, Economic Growth

Czech economy performed better at the end of 2020

The Czech economy grew by 0.6% in the last quarter of 2020 despite the second wave of Covid-19. Exports supported the economic expansion, confounding markets which had expected a contraction. We remain optimistic about a recovery in the second half of the year, despite the current worsening of the pandemic and third Covid wave

23rd February 2021 / Economic policy / Business and Industry

AmCham CZ President Michal Chour: The key to recovery is going to be participation and cooperation

Dear members, on behalf of the board, I would like express our hope that you, your family, work colleagues and friends are making safely physically and mentally through these difficult days. We often say the most important thing is our health, and the pandemic has made each of us understand how true that is. I wanted to write to you to inform you about what is happening in AmCham.