News
The second Czech coronavirus lock-down: the immediate impacts on businesses
After a steady increase of Covid-19 infections and a series of less restrictive measures, the Czech Republic's government imposed a wide-ranging retail and travel lock-down effective as of 22 October, 2020. Unlike the measures imposed in March, the current restrictions are less intrusive as regards business operations, in particular cross-border travel. However, local retail, entertainment and hospitality businesses will be affected almost as heavily as in the spring.
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Compensation bonus for the self-employed and small limited liability company members is back
On 16 October 2020, the government approved a bill on compensation bonuses for entrepreneurs predominantly operating their business within closed segments of the economy. The bill proposes a compensation bonus of CZK 500 for every calendar day of the bonus period.
Czech emigrants and their descendants will have it easier to (re-)acquire Czech citizenship
Some want to escape the consequences of Brexit, others feel compelled by Trump to leave the U.S., yet others would like to live and work in the EU: Czech emigrants who live abroad and their expatriate descendants may now easily acquire a Czech passport – and thus EU citizenship.
Announcement of new calls in programmes focused on the fight against the COVID-19 infection
In its emergency meeting on 14 October, the Government passed several subsidy programmes to support businesses and entrepreneurs in economic sectors which have been the most affected by the COVID-19 pandemic. This, in fact, represents an extension of the existing programmes or new programmes under preparation, such as COVID – Culture, COVID – Rental, COVID – Bus or COVID – Sport II. Businesses and entrepreneurs will be provided with CZK 3.45 billion in total from these programmes.
Czech Republic: Stricter Covid restrictions force GDP rethink
The Czech government introduced a new set of measures yesterday due to the surge of Covid-19 infections. Measures are focused mainly on limiting gatherings of people, impacting restaurants, culture events, sports and related services. We revise our 2020 GDP forecast to -7.5% from -6.5%
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.
