News

Spotlight issue

8th February 2021 / Competitiveness / Business and Industry


Third call to apply for COVID – Rent support

The COVID - Rent programme, partly compensating for rent-related expenses for selected retail outlets and facilities providing services, will open for the third time. The third call directly follows the previous call. Moreover, the deadline for submitting applications within the second call has been extended until 4 February 2021. The third call has been open since 5 February 2021 and will continue until 8 April 2021.

8th February 2021 / Good governance / Legal Reform and Transparency


Even a simple suspension of proceedings may turn into a legal battle in the Czech Republic

A lawsuit by a tenant is pending against you, who defends themselves by saying the termination of their lease was unlawful. In your counterclaim, should you seek payment of outstanding rent or the surrender of unjust enrichment? Even a layperson may come up with the correct answer: “let’s wait and see” or, in legal parlance, ask to suspend the proceedings. However, the courts are apparently able to throw a spanner in the works even in a straightforward situation such as this one.

5th February 2021 / Competitiveness / Tax & Finance


Deloitte CFO Survey 2021: CFOs more optimistic than at the start of the pandemic but cautious

After a year of living in the pandemic crisis, CFOs in the Czech Republic are cautiously optimistic in their outlook for the future. According to the 12th edition of the Deloitte CFO Survey 2021, 48% respondents are more optimistic about their company’s financial prospects, which is 38 percentage points more than in the spring of 2020 at the time of the first pandemic wave, and 17 percentage points more than before its outbreak. 

5th February 2021 / Economic policy / Macroeconomic Indicators, Economic Growth


Czech Republic: Strong retail sales in December

Retail sales (excluding cars) increased by a strong 8.3% month-on-month in December, as retailers were allowed to open again following a lockdown at the end of October. From a year-on-year perspective, sales increased by 3.7% from a 6% fall in November, above market expectations. For the whole of 2020, sales fell just slightly by 0.6% YoY

5th February 2021 / Competitiveness / Business and Industry


AmCham Real Estate Council on office market: The biggest mistake is to do nothing

AmCham Real Estate Council met online on February 4, 2021 to discuss the state of the real estate office market and return to office during and after the pandemic - to go or not to go? And how much office space is necessary to keep?

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