News
MinFin activity is significantly lower year-on-year
Issuance activity: MinFin is scheduled to auction CZK5bn in a five-year bond and CZK3bn in a seven-year bond today. The shorter bond recorded solid demand (b/c 2.6) in its first auction two weeks ago. Since then the yield has decreased slightly, but in ASW terms the bond is cheaper. At the same time, the low supply of shorter maturities in recent years supports great market interest. On the other hand, the longer bond probably has the last auction ahead, which is also reflected in falling demand. Thus, MinFin has exhausted its current issues in this maturity segment. For March, MinFin plans four auctions including a new 11-year issue in a maximum volume of CZK15.5bn. Despite this rich offer of new bonds, MinFin activity is significantly lower compared with the first quarter of last year.
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Expected changes in employment law
In the first half of this year we expected to see a great many changes in employment law as of January 1, 2020, but now it is clear that the changes will be much smaller in scope. It seems that the muchdiscussed changes in annual leave and the even more necessary changes in postal delivery will have to wait.
Amendment to the Czech Labor Code or step towards merit-based vacation…
The latest amendment to the Czech Labor Code establishes new rules concerning the entitlement to vacation and service of process, and introduces the new institution of job sharing. Balancing work and family will become easier.
The first 2020 Workforce Report shows demographic and internal migration trends strengthening
AmCham's series of workforce reports are constructed to help businesses plan investment. The reports are structured to track local trends and compare them to other countries in the EU. This helps companies understand the comparative value delivered by the Czech Republic's top asset: its workforce.
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.
