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.

Show subcategories ▾

Spotlight issue

2nd December 2020 / Economic policy / Macroeconomic Indicators, Economic Growth

After a strong 6.9% recovery in 3Q, Czech GDP should fall again at year-end

The CZSO's refined estimate of Czech GDP published today brought a significant revision of the advance figures announced at the end of October. In the third quarter, the Czech economy grew by 6.9% qoq, which is 0.7pp more than originally estimated by the statistical office. The year-on-year decline thus eased from -10.9% in 2Q to -5.0%.

1st December 2020 / Economic policy / Macroeconomic Indicators, Economic Growth

Czech Republic: Growth is better than expected

Revised GDP data from the Czech Republic suggests that the third-quarter was slightly better than the first estimate. The economy grew by 6.9%, but the second wave of the pandemic will push the last quarter into contractionary territory again but the overall outlook for 2021 should improve as vaccines become available

27th November 2020 / Economic policy / Technology, R&D and Innovation

Czech Republic the Country for the Future: AmCham Exchange on How to Transform Into an Innovative Economy

On November 26, Minister of Industry and Trade Karel Havlíček outlined his vision for the Czech Republic to be presented in the long term as the added value oriented country. Deputy Minister Petr Očko confirmed priorities in the area of digitization, investment in 5G, support to AI, and startups - all within the framework of EU legislation currently in the pipeline.