Good governance
This section details initiatives to make government a competitive advantage. It includes analysis and reports of government initiatives, as well as data on accountability and performance measures.
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Coronavirus - Czech loan moratorium: its true impact in the field of large corporate financing
On 7 April 2020, the lower house of the Czech Parliament, the House of Deputies (in Czech Poslanecká sněmovna České republiky), approved a draft bill on certain measures regarding loan repayments in relation to the COVID-19 pandemic (in Czech návrh zákona o některých opatřeních v oblasti splácení úvěrů v souvislosti s pandemií Covid-19) (document no. 813) by decree no. 1024. The revised draft bill, under Senate document no. 229, will be discussed in the upper house of the Czech Parliament, the Senate, in the near future, and subsequently presented to the President for his signature, sealing the legislative procedure. As such, the new rules could become effective by their publishing in the Collection of Laws this post-Easter week by the middle of this week.
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Coronavirus - questions and answers about contracts and regulation
In connection with the spread of Covid-19, the Czech government has announced extensive crisis measures with a major impact on the performance of all business activities nationwide.
Below we provide answers to frequently asked questions, especially in the area of contracts and regulation. Employment law and related issues are dealt with in more detail in our Practical Guide for Employers.
Updated on 14 April 2020, 11 a.m. We continue to monitor the situation closely.
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