Robotic Process Automation (RPA) increased productivity for 95% and 74% of enterprises globally and in the Czech Republic, respectively. This is a result of Deloitte’s study entitled The robots are waiting – are you ready to reap the benefits?. The survey was conducted among 530 top managers of companies across the world, including the Czech Republic, reporting aggregate sales of over USD 3.5 trillion.

We write to support the Czech government’s cautious approach to the proposed Digital Services Tax, a Council Directive COM/2018/0147 final - 2018/072 (CNS).

The Czech economy has slowed down. At the end of 3Q, dynamics in industry and retail sales decelerated. The economy lacks support from its main trading partners as growth in the euro area has disappointed this year. Inflationary pressures have not dissipated. October price growth was driven by food and fuel prices while the core element has recorded a modest increase. 

With another election month in the Czech Republic over, we can now see the initial effects as the dust of coalition negotiations slowly settles over towns and cities across the country. Despite a clear victory for the ANO movement in most places, there was no shortage of surprises in negotiations on coalitions in many municipalities.