News
The Act on screening foreign investments entered into force in the Czech Republic on February 2021
Act No. 34/2021, on screening foreign investments and the amendment of related acts, entered into force on February 3, 2021 and will take effect on May 1, 2021. The new act is a response to Regulation (EU) 2019/452 of the European Parliament and of the Council of 19 March 2019 establishing a framework for the screening of foreign direct investments into the Union. Protection from foreign investments did not apply throughout the entire EU, but many member states, including Germany, Austria, France and Finland, had legislation monitoring foreign investments.
Twitter
Linkedin
Facebook
Google+
CTP continues to garner strong investor interest raising €500 million in their third green bond issuance
CTP B.V. raised €500 million with their third green bond issue on February 18th 2021, increasing the total raised from Green Bonds to €1.55 billion since their inaugural issuance in September 2020.
European Unitary Patent - the dream will (not yet) come true
The implementation of the European Unitary Patent, which, according to the EU Commission, should reduce the costs of inventors for filing a patent by up to EUR 32,000, has been delayed again due to two new constitutional complaints filed with the German Federal Constitutional Court. The court has subsequently asked the German President to wait until the court has decided before signing the act required for the implementation.
AmCham Workforce Report: General Population and Employment Trends
AmCham Workforce Report on general population and employment trends is now available for members. Over the next six months, we will publish a series of reports that will compare our workforce with those of neighboring countries, and within regions of the Czech Republic.
Czech inflation slowed less than expected in January
While the market and the Czech National Bank expected January inflation to slow towards 1.7%, the actual figure surprised with growth of 2.2%. Volatile food prices were the surprising element again, but this does not change our view for a 2021 CPI slowdown and rate hike in the second half of this year
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.
