News
Ministry of Industry and Trade presents Czech Hydrogen Strategy
The EU member states have committed to achieving climate neutrality across the EU by 2050. Following this obligation, the Ministry of Industry and Trade presented the Czech Hydrogen Strategy at an international hydrogen conference held on 16 July 2021.
Private financial institutions are the new supervisors of environmental regulation. The courts’ approach is also changing
Regulations in the area of environmental law are constantly increasing, which means that sustainability is an increasingly important topic that directly affects individuals, companies and states. However, oversight of compliance with the new rules is no longer exercised only by environmental inspection authorities, but also by private financial institutions. The courts whose decisions directly affect the corporate and state responsibility for climate change have also adopted a new approach to this issue. Read about the most important events in environmental law in Q2 of 2021 and get acquainted with regulatory news that will affect the future of sustainable business throughout the European Union.
Mobile check-in possible again on many flights
- EU vaccination certificates now digitally verifiable
- Automatic issuance of boarding pass now possible on all weekly 2000 flights from non-risk areas of the Schengen area
What new obligations arise for employers from the new Czech Act on the Protection of Whistleblowers?
The bill for an Act on the Protection of Whistleblowers, which is slated to be discussed by the House of Deputies, is meant to implement Directive (EU) 2019/1937 of the European Parliament and of the Council on the protection of persons who report breaches of the law.
Wage growth was optically raised by comparison base
The average gross monthly wage increase 11.3% in nominal terms in the second quarter, and 8.2% in real terms. It thus exceeded our and market expectations. Conversely, the central bank, which expected nominal wage growth of 12%, may be satisfied with its estimate. However, wage developments were significantly affected by last year's low comparison base. After seasonal adjustment, wage growth reached only 1.2% in a qoq comparison, which can certainly not be considered rapid dynamics. In addition, the payment of extraordinary rewards in healthcare largely contributed. The median wage in the second quarter was CZK32,408.kom
Strategic Directions for Czech Economic Policy
- Transition to High-Tech Manufacturing and Exports
- The City Campus as Idea Factory
- Government Programs and Processes That Drive Innovation
- 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.