News

Spotlight issue

13th April 2021 / Competitiveness / Digital Agenda


Digital Challengers in the Next Normal: the Czech Republic and Slovakia in the CEE context

Shutdowns caused by COVID-19 speeded up the adoption of digital technologies in the region and elsewhere. Some areas digitize faster than others.

12th April 2021 / Good governance / Legal Reform and Transparency


Are environmental groups in the Czech Republic finally excluded from participation in zoning and building permitting proceedings once and for all?

Effective as of 1 January 2018, an amendment to the Nature and Landscape Conservation Act of 2017 barred environmental groups from participation in zoning and building permitting procedures. After almost four years, the Constitutional Court has now upheld this law as being constitutional. The decision by the Constitutional Court thus confirms that environmental groups cannot invoke the Nature and Landscape Conservation Act to demand participant status in zoning and building permitting procedures, though the Constitutional Court does note that groups are not affected in their right to subsequently challenge a zoning decision or building permit, once issued, before the administrative courts.

12th April 2021 / Good governance / Legal Reform and Transparency


Tax Package at the Constitutional Court of the Czech Republic

As we have informed you in our previous articles, during the approval process of the Tax Package for 2021 (amendment of the Income Taxes Act as of 1. 1. 2021), doubts arose as to whether the legislative process took place in a constitutionally prescribed manner. Now, a group of senators asked the Constitutional Court of the Czech Republic to review the constitutionality of the Act’s approval process and proposed it be abolished. According to the Constitution of the Czech Republic, the Constitutional Court can decide on the abolishment of an act should it be contrary to the constitutional order.

8th April 2021 / Economic policy / Macroeconomic Indicators, Economic Growth


Production is weakening due to stifling components subcontracting

Industrial production accelerated its decline in February, negatively surprising analyst estimates. Orders are growing, but there are missing components for production and partial shortages of manpower. The foreign trade surplus fell in line with weaker industry. Unsurprisingly, construction remains subdued.

8th April 2021 / Competitiveness / Tax & Finance


Undeterred by Covid-19, dealmaking in the CEE region remained remarkably steady in 2020

The disruption caused by Covid-19 to CEE’s M&A market was short-lived as dealmaking returned to the fore in the second half of the year, according to a new report published by Mazars in association with Mergermarket.

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