News
Lower CZGB supply in second half of year
The government is proposing a further increase in the state budget deficit to CZK500bn. The main reason is the rise in spending to support the economy at this time of crisis. In our opinion, however, the government will continue to have problems implementing expenditure plans, which will lead to a deficit of only CZK400bn. This also implies less additional CZGB issuance, further reduced by using state financial assets and the drawdown of EUR loan programs. In our view, the MinFin has only CZK56.7bn left to issue by the end of the year, which shouldn’t be a problem to place.
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Information for Passengers – travelling from/to the Czech Republic - June 2020
Many protective measures have been set up at Václav Havel Airport Prague in co-operation with public health authorities for several months. Departures and arrivals take place under strict hygienic conditions, which are to ensure the health and safety of passengers. All passengers and visitors must wear face masks in all areas of the airport, keep a safe distance from other people, wash their hands frequently and thoroughly and use hand sanitizers. Thank you for protecting yourselves and those around you.
We recommend all passengers also check protective measures of their airline and confirm the current conditions for entering the country to which they are travelling from Prague.
Total stimulus for the COVID-19 crisis already triple that for the entire 2008–09 recession
Governments allocated $10 trillion for economic stimulus in just two months—and for some countries, their response as a percentage of GDP was nearly ten times what it was in the financial crisis of 2008–09.
Personal Data Processing Act, Practical Commentary
Are you looking for comprehensive information on the processing of personal data? A practical commentary on the law covering the processing of personal data from the law firm PwC Legal offers this information, including specific examples and an overview of case law.
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.
