News

Spotlight issue

29th September 2020 / Politics / Elections


The US elections: What you need to know

As Trump and Joe Biden go head to head for their first presidential TV debate tonight, we outline the key issues, the factors that could still swing the outcome and three possible scenarios. Despite leading in the polls, the risk of a weak performance by Biden as sometimes seen during the Democrat primaries means his victory isn't assured either

25th September 2020 / Economic policy / Macroeconomic Indicators, Economic Growth


CNB stays on hold as expected but acknowledges risks

As broadly expected, the CNB left monetary policy unchanged at today's board meeting. The latest economic developments were seen as not diverging from those outlined in the latest CNB forecasts. CZK weakening was again called a natural stabiliser. We expect policy rates to remain unchanged until 1Q22. If the CNB sees the need to loosen monetary policy, we think it would do so by CZK devaluation.

25th September 2020 / Good governance / Legal Reform and Transparency


Current information on travel restrictions from the Czech Republic

Germany has enacted restrictions on entry from the Czech Republic as of September 23, 2020 in the face of rising numbers of COVID-19 infections in the Czech Republic.  

25th September 2020 / Competitiveness / Tax & Finance


Who dares wins: European M&A Outlook 2020

Who dares wins: European M&A Outlook 2020

European dealmaking downcast, but distressed opportunities emerging

London, 22 September 2020 – The COVID-19 pandemic has taken a heavy toll on European dealmaking activity. However, opportunities remain for those willing to take risks, according to the eighth edition of the European M&A Outlook, published by CMS in association with Mergermarket.

The report is a comprehensive assessment of dealmaking sentiment in the European M&A market.  It canvasses the opinions of 230 senior Europe-based executives, from corporate and private equity firms, about their expectations for M&A in the year ahead.

23rd September 2020 / Competitiveness / Tax & Finance


Mazars CEE Tax Guide 2020: Czech and Slovak republics among 21 countries with the highest level of labour taxation

The Czech Republic, Slovakia and Russia lead the rankings of the 21 CEE countries where employers and employees have to pay the highest mandatory contributions to social and health insurance. This is according to the international MAZARS CEE Tax Guide, which monitors the development of direct and indirect tax, labour expenses, wage levels and the area of transfer pricing.

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