• CEE economies expected to post GDP growth between 3.7% and 6.9% in 2021
• EU Recovery Fund promises to boost GDP levels in 2026 by additional 0.7% to 2.9%
• Required structural reforms may trigger increased investment and co-financing
• Erste Group outlook: significantly higher full-year earnings expected in 2021

As per the latest statistics, nearly 289 thousand passengers passed through the gates of Václav Havel Airport Prague in June 2021, representing an increase of over 650 percent compared to June 2020 when the air traffic slowly began to recover after the first wave of the Covid-19 pandemic. Moreover, the number of passengers handled at Prague Airport in June 2021 has doubled compared to May this year. The trend is expected to continue in the main summer months, i.e., in July and August. Last month, the most popular destinations were on the Greek Islands, in Spain and Italy, thus in the countries where most people spend their holiday.

The European Commission has published a draft directive on the mandatory disclosure of information on income tax payments in individual member states and non-cooperative jurisdictions (public country-by-country reporting). The duty will apply to companies belonging to a corporate group controlled by a company established in or outside the EU with a consolidated turnover exceeding EUR 750 million.

Placing people at the heart of an organization’s decisions about work and the workforce enables leaders to better stay ahead of disruption. Purpose, potential and perspective are essential to build an organization that can thrive in an unpredictable environment with an unknown future.