News

Spotlight issue

25th January 2021 / Economic policy / Macroeconomic Indicators, Economic Growth


Confidence in Czech Republic slips again in January

Economic confidence deteriorated again in January in the Czech Republic as a result of stricter measures against Covid-19. Household confidence and retail sales have been impacted the most, while industrial confidence broadly stagnated and remains close to pre-pandemic levels

21st January 2021 / Good governance / Social Responsibility


Dentons supports education and health care workers in the Czech Republic during COVID-19

As a result of the challenges caused by the global pandemic, Dentons’ Prague office increased its support to the Czech community in 2020. The Firm provided almost 1000 hours of free-of-charge legal advice to education and children’s rights organizations, and made charitable donations to help health care professionals and students impacted by COVID-19.

21st January 2021 / Politics / Elections


Open Letter of the U.S. Chamber of Commerce: To Our Nation’s Elected Leaders: Americans Hired You. It’s Time to Do the Job.

An Open Letter to the President, Vice President, and Congressional Leaders

At the U.S. Chamber of Commerce, we know one of the most powerful and life-changing phrases is, “You got the job.” For countless Americans, that sentence holds the promise of a new start, a new chapter, and a new pathway to the American Dream. And it represents the opportunity that businesses, entrepreneurs, and innovators breathe into communities across the nation every single day.  

21st January 2021 / Competitiveness / Trade and Investment


Emerging Europe M&A 2020 activity dampened but far from snuffed out

  • Deal volume in emerging Europe dropped by 12.9% (1,705 deals) and total value by 16% (EUR 60.80bn) in 2020
  • Czech Republic witnessed 119 deals at a value of EUR 2.74bn and the lowest dealflow since 2012 (102 deals; EUR 1.30bn)
  • Czech real estate deals decreased from 48 to 27 year-on-year, and is now closely followed by Telecoms & IT as second busiest sector (26 deals)
  • Private equity deals accounted for 18.7% of total volume of deals in the region
  • Poland was the sole country in the region to see growth in both deal volume (9.3%) and value (6.6%)

20th January 2021 / Politics / Elections


Open Letter of the U.S. Chamber of Commerce: To Our Nation’s Elected Leaders: Americans Hired You. It’s Time to Do the Job.

An Open Letter to the President, Vice President, and Congressional Leaders. 

At the U.S. Chamber of Commerce, we know one of the most powerful and life-changing phrases is, “You got the job.” For countless Americans, that sentence holds the promise of a new start, a new chapter, and a new pathway to the American Dream. And it represents the opportunity that businesses, entrepreneurs, and innovators breathe into communities across the nation every single day.  

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