Eurpean Investment Bank's investment in the Czech Republic came to EUR 324 million in 2015. Of this amount, 77% benefitted the country’s SMEs and Midcaps, while the remaining 23% financed small-scale investments targeting energy efficiency measures. Over the past five years (2011-2015) the EIB has invested EUR 4.3 billion in the Czech Republic. SMEs account for 48% of this figure, reflecting the Bank’s priority objectives in the EU in recent years. Today, EIB opened its Prague office. Q&As on the European Investment Plan and the European Fund for Strategic Investments inside...

In the Global Economic Outlook and Interim Economic Outlook, the OECD projects that the global economy will grow by 3 percent this year and 3.3 percent in 2017, which is well below long-run averages of around 3¾ percent. The Interim Economic Outlook calls for a stronger policy response, changing the policy mix to confront the current weak growth more effectively. It points out that sole reliance on monetary policy has proven insufficient to boost demand and produce satisfactory growth, while fiscal policy is contractionary in several major economies and structural reform momentum has slowed....

The Federation of German Industries (BDI) and the U.S.Chamber of Commerce invite companies to participate in the Hannover Messe that will be held on 25-29 April 2016 in Hannover, Germany. For the first time in the history of the fair, the United States of America will be the Partner Country of the event and will have the opportunity to showcase the state of technology, innovation, advanced manufacturing and workforce development.

At its session on 17 February, the Government approved the National Policy for Reasearch, Development and Innovation for 2016-2020. Compared with previous national R&D strategic documents, this time much greater emphasis is placed on the stregthening of applied research based on the needs of the economy and the public sector, said Pavel Bělobrádek, Vice-PM for Research, Development and Innovation. The employers say the strategic RDI document should be more focused on major problems such as the underdeveloped cooperation between the business and the R&D sectors...