News
Erste Group to phase out business activities in the thermal coal sector by 2030
Erste Group launched a long-planned review of the fossil fuel chapters in its “Responsible Financing Policy” at the end of 2020, following a delay due to the global pandemic. The increased urgency brought about by rising global temperatures has led Erste Group to tighten its financing parameters for thermal coal related activities. “The Corona pandemic is an obvious chance for an ecological reboot for the whole economy. I believe that future growth must come from sustainable projects,” said Bernd Spalt, CEO of Erste Group.
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Foreign direct investment in times of the COVID-19 pandemic
Do you need a quick overview of current screening and control rules for foreign direct investments (FDI) in one of the following countries in times of the COVID-19 pandemic? Just click on the corresponding country and you will find a comprehensive summary of the actual FDI restrictions, if any!
Invitation: Webinar for suppliers in public procurement
New regulation took effect recently. Suppliers are invited to ask and get answers about what does new policy of responsibility in public procurement mean for them and what requirements are typically considered as responsible public procurement, or how is responsible procurement measured and controlled. Organized by the Institute of responsible public procurement at the Czech Ministry of Labor and Social Affairs.
Soaring Czech wages mainly driven by one-off factors
The 6.5% of Czech wage growth in 4Q20 is a positive surprise, but this quarter was affected by several one-off factors and bonuses for healthcare workers. This year we expect wage growth to slip below 3%
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.
