News
Employment of Foreigners during the Pandemic: 19 Most Frequently Asked Questions
Employment of Foreigners during the Pandemic: 19 Most Frequently Asked Questions The current situation and crisis measures taken by the government fundamentally influence, among other things, the employment of foreigners. Employers and employees are thus faced with many new questions: How will they be affected by the closure of borders? How will immigration permits be submitted and approved? And how will the measures influence business trips? We have summed up the 19 most frequently asked questions and answers related to this topic that have appeared in our special webcast.
Crisis measures against coronavirus in Germany and their potential impact on Czech citizens and businesses
Due to the global pandemic of the novel coronavirus known as COVID-19, Germany has taken decisive measures to protect its inhabitants. Germany is in a somewhat unique position mainly because of its internal organization, with some things (such as security and borders) falling under the competency of the federation, while others fall under the individual federal states (such as the school system).
Will coronavirus stop general meetings from happening in large companies in the Czech republic?
How will the declared state of emergency and associated restrictions on free movement
affect General Meetings and corporate management? Many corporations are asking this
question at the moment
Czech confidence fell, but less than expected
Czech confidence fell in March at the fastest pace since 2011, reaching the lowest level since 2013. However, data was collected in the first half of the month and understates the real impact of recent shutdowns amid Covid-19
March: the month of interest rate cuts
We expect the Czech National Bank to cut its key repo rate by a further 50bp at its monetary policy meeting on Thursday, mainly due to the still-worsening growth outlook for the Czech economy as a result of the COVID-19 pandemic. The koruna could therefore depreciate further vs the euro, prompting the CNB to react. We do not expect it to implement quantitative easing measures, however.
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.