News
The windfall profits tax will be
On 6 October 2022, at a press conference (HERE), Finance Minister Stanjura confirmed the government's intention to introduce a windfall tax - below we summarise our current understanding of its main parameters according to the information available to us:
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Grayling Czech Republic: Czech Municipal Election 2022 Report
Voter turnout in this year’s municipal elections was the fourth lowest in the modern history at 46%. Read more in the Czech Municipal Election 2022 Report by Grayling Czech Republic.
ManpowerGroup Employment Outlook Survey: Q4 Global Employment Outlook for Q4 Remains Strong Amid Cooling in Hiring
Executive Summary
• Used internationally as a bellwether of economic and labor market trends, the Net Employment Outlook – calculated by subtracting the percentage of employers who anticipate reductions to staffing levels from those who plan to hire – now stands at +30%, down slightly (-3%) from Q3, yet 6% higher than this time last year.
• Organizations in the IT industry report the most optimistic Outlook (+42%); followed closely by Banking, Real Estate, and Insurance (+37%).
• The brightest hiring intentions for next quarter are in Asia Pacific (+40%) and South and Central Americas (+39%), with the greatest expectations in Brazil (+56%) and India (+54%).
• While employers in Europe, the Middle East, and Africa (EMEA) anticipate relatively stable hiring (+21%), yet Outlooks for countries near Ukraine fall by as much as -17% since last quarter
M&A expectations are running high… ‘Boom and gloom?’ European M&A Outlook 2023
CMS launched last week its 10th edition of annual European M&A Outlook -- published each year in association with Mergermarket and offering a comprehensive assessment of dealmaking sentiment across Europe’s M&A market, the report is based on interviews with hundreds of corporates and private equity firms based in Europe, the Americas and Asia-Pacific about their expectations for the European M&A market in the year ahead. Headline news download and a short video with highlights of the study can be found here! As always, there is lots of content that can be of interest – from what expectations are for the European M&A landscape in the next months/ year and what is likely to drive activity, to ESG rising up the M&A agenda.
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.
