News

Spotlight issue

23rd September 2021 / Good governance / Legal Reform and Transparency


Legal Update - September 2021

Disguised employment mediation
  • The fines now also apply to client of work
Extension of paternity leave 
  • Implementation of work-life balance into Czech law

23rd September 2021 / Competitiveness / Tax & Finance


Dealmakers say PE best placed to flourish in the next 12 months

The Road to Recovery: European M&A Outlook 2022

Dealmakers say PE best placed to flourish in the next 12 months

  • A brighter outlook: 53% of respondents expect European M&A activity to increase over the next 12 months (compared to only 2% last year)
  • Low valuations and distress: 24% see undervalued targets as the most important buy-side driver of M&A activity. 22% identify distressed-driven M&A as the most important catalyst for sell-side activity.
  • Private equity in pole position: 71% agree that financial buyers are better placed than strategic buyers to take advantage of buying opportunities in the post-lockdown revival.

 

22nd September 2021 / Politics / Elections


HOW TO INCREASE CZECHIA'S PLACE IN THE GLOBAL ECONOMY: Live stream from the pre-election debate

Watch live stream from the pre-election debate organized by the American Chamber of Commerce in the Czech Republic, British Chamber of Commerce in the Czech Republic, Swiss Chamber of Commerce and the Aspen Institute. Markéta Pekarová Adamová of SPOLU, Karel Havlíček of ANO and Lukáš Wagenknecht of Česká pirátská strana/Starostové a nezávislí will discuss how climate change will reshape the economy, how the country can increase its innovative potential, how the country should prepare its workforce for the next period of economic progress and whether geopolitical tensions will change the country's approach to trade with AmCham Vice-President Milan Šlapák of GE Aviation, HST Chamber of commerce Switzerland - Czech Republic President and The Aspen Institute Board member Marek Procházka, and British Chamber of Commerce in the Czech Republic Vice-Chair Petr Karel of London Market.

22nd September 2021 / Good governance / Legal Reform and Transparency


New rules for data transfers outside the EU

The European Commission has issued new model standard contractual clauses ("SCCs") for the transfer of personal data outside the EU/EEA that must be applied from 27 September 2021.

Strategic Directions for Czech Economic Policy

  1. Transition to High-Tech Manufacturing and Exports
  2. The City Campus as Idea Factory
  3. Government Programs and Processes That Drive Innovation
  4. Government as a Competitive Advantage, including Digitization

Advocacy Priorities for 2023 
 
Technology, People, Infrastructure

 

Actions Recommended in Areas:

1. Establishing Policy Objectives for Research.

2. Research Investment and Cooperation. Big Bets (Key Technology Projects).

3. Establishing Databases for Tracking Public Policy Outcomes.

4. Public Procurement as an Innovation Tool.

5. Immigration of STEM Talents.

6. Digitization of Immigration. 

7. Adult Reskilling and Upskilling.

8. Digitization of Land Use.

9. Infrastructure Development, including Technology Parks.

 

 

Read the documents in English and Czech.

Policy pipeline

In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.

Members of the American Chamber of Commerce in the Czech Republic