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
ING Bank Czech Republic: Czech mortgage limits unchanged, capital rate increased
The Czech National Bank published the main conclusions of the forthcoming Financial Stability Report planning to be published on 11 June. Income limits affecting housing loans affordability did not change, but the CNB increased the countercyclical capital buffer again to 2%.
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ING Bank Czech Republic: The CNB delivered dovish hike as expected
The Czech National Bank delivered a 25bp hike as broadly expected by the market. While the CNB staff forecast still shows one more hike for 2019, Gov Rusnok clearly signalled no more hikes this year as a base case. Any further hike this year is only likely if there is a significant improvement in foreign developments. This does not seem very likely at this point.
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Roundtable with Mayor Vaňková on ICT education in Brno: You cannot harvest what you do not sow
Brno's success as a hub for information technology has created a new set of policy changes for business, university, and political leaders: how to manage the flow of talent through the region's schools to meet the demand for more quantity and more specially qualified graduates.
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