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

13th August 2020 / Economic policy / Trade and Investment

Slapak and Muchna show Czech-American business ties are deep and increasingly sophisticated

Milan Šlapák of GE Aviation (and AmCham's First Vice-President) and Václav Muchna of Y Soft Corporation were selected to represent the Czech and US business relationship on Czech Television yesterday. Their presence alone exhibits how important the relationship has become to the economic future of both countries.

7th August 2020 / Economic policy / Macroeconomic Indicators, Economic Growth

The Czech central bank keeps rates on hold

The Czech National Bank (CNB) keeps rates unchanged, as broadly expected. The vote was unanimous. New forecasts see rate stability until mid-2021 and then a modest increase

6th August 2020 / Economic policy / Macroeconomic Indicators, Economic Growth

Industrial output and foreign trade surprised positively

In June, Czech industrial output revived significantly faster than expected. Along with that, the trade balance improved above all estimates. The data confirm our forecast of a full-year GDP decline of “only” 5%. On the contrary, the construction sector decline became deeper.