News
Grayling Czech Republic Political Digest November 2018
It might seem as a déjà vu, but it’s simply the story of the Czech PM Andrej Babiš, who is unable to distance himself from the accusations surrounding the questionable EU subsidies, which were used to build the infamous recreational farm called Stork’s nest, Grayling Czech Republic writes.
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ING Bank Czech Republic: Czech GDP growth revised higher
GDP growth figures for 3Q18 were revised slightly higher to 2.4% year-on-year and 0.6% quarter-on-quarter. Stronger investment and household consumption contributed positively to the result while inventories and net exports were drags on growth.
Dentons: Current Trends in the Prosecution of Bid Rigging in the Czech Republic
In its most recent annual report, the Czech Competition Authority stated that the investigation of bid-rigging cartels would be its highest priority. The issue of bid rigging is a hot topic that has attracted the attention not only of the CCA, but also that of the Czech police and public prosecutors, who have been very active in investigating bid-rigging cartels in recent years.
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AmCham 2018 Thanksgiving Message: Delivered by Magdalena Soucek, EY, Past President and Board Member
Thanksgiving is a time to gather with family, to share memories, and express gratitude to those who have helped us along the way.
BEPS and Transfer Pricing roundtable with Vitezslav Kapoun
On November 22, the American Chamber of Commerce held a roundtable with Vitezslav Kapoun from General Financial Directorate on current implementation of BEPS and transfer pricing. The Base Erosion and Profit Shifting (BEPS) Action Plan was adopted by the OECD and G20 countries in 2013.
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.