In-house lawyers do not fear the new Czech Civil Code anymore, Hospodářské noviny wrote today. What is critical is the situation in the areas of insolvency and public procurement...

Associations of professionals established by law, including the Czech Bar Associations, associations of architects, auditors, tax advisors, dentists, medical staff or veterinary surgeons, for example, informed on 10 December that the process of commenting new legislation does not work properly. the Government does not provide enough time for analysis and comments and does not give enough attention to submitted proposals of professionals...

EU's Commissioner responsible for Justice, Consumers and Gender Equality Věra Jourová said on December 15: "Today we deliver on the promise of the Juncker Commission to finalize data protection reform in 2015. These new pan-European rules are good for citizens and good for businesses. Citizens and businesses will profit from clear rules that are fit for the digital age, that give strong protection and at the same time create opportunities and encourage innovation in a European Digital Single Market. And harmonised data protection rules for police and criminal justice authorities will ease law enforcement cooperation between Member States based on mutual trust, contributing to the European Agenda for Security." The Reform consists of two instruments...

OECD published The Future of Productivity book. "Productivity diffusion is especially challenging in the services sector, partly due to low competitive pressures which blunt the incentives to adopt best practices. This partly reflects policy weaknesses and productivity problems in the services sector will become increasingly costly for two reasons. First, the weight of services in our economies will continue to rise. Second, it may hinder the effective functioning of global value chains since logistics, finance and communication are the oil that greases the wheels of globalisation." Also, the report states that "even though the most advanced firms can have productivity levels close to the global frontier, their aggregate impact is muted to the extent that they are under-sized."