News
Antivirus C – a quick overview of the new Czech social security premium waiver programme
On 19 June 2020, the President of the Republic signed an amendment to the Social Insurance Act, which means that mode C of the Antivirus programme entered into force. Providing a waiver of social security premiums for employers with up to 50 employees, the programme aims to support the maintenance of employment for employees in employment.
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Profit margins decline, households increase savings
As a result of the coronavirus pandemic, the Czech economy contracted 3.4% qoq in the first quarter, i.e. one-tenth more than originally expected. In a year-on-year comparison, the result did not change and the economy fell 2%. Fixed investment followed by household consumption contributed most to the qoq decline. The quarter-on-quarter decline in the dynamic was only partially offset by higher government consumption and higher net exports.
How will the amendment to the Civil Code change the Czech residential property market?
On 1 July 2020, an amendment to the Civil Code will come into force which both property developers and apartment owners are well-advised to give their attention, as it will modify the co-ownership of apartments in significant ways. Other changes affect the right of first refusal of co-owners (which will be heavily curtailed) or apartment leases (which may newly include clauses on contractual penalties, if only in a limited scope).
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.
