News
Assumption of debt as an inoperative transaction for the purposes of insolvency proceedings
It is common practice in the Czech Republic for buyers to settle a part of the purchase price by assuming the seller’s debt toward third parties. However, these arrangements are not entirely risk-free for the seller.
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Vending Machines with Protective Gear at Prague Airport
A number of protective measures have been in place at Václav Havel Airport Prague set up to prevent the spread of the COVID-19 disease and protect the health and safety of passengers. These include, for example, the obligation to wear a face mask or in other way cover one’s airways while inside the airport premises. Now, passengers can buy face masks and other gear preventing the spreading of infection from the vending machines installed directly at Václav Havel Airport Prague.
Czech Economic Outlook: Economy breathing but fitness is a long way off
The Czech economy is expanding
The economy bottomed in 2Q but has now started to rebound. In the second quarter, the economic situation could be better than we had initially expected. However, for the coming quarters, we now expect a lower growth rate. All in all, the economy is likely return to pre-crisis levels by the end of 2021.
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.
