Competitiveness / Digital Agenda
This section feature research, opinion and progress reports on how the Czech Republic compares to other EU countries economically. It includes analysis of international rankings such as the WEF and World Bank.
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Spotlight issue
As margins decline due to slowing growth and continued inflation, the CIO budget will come under pressure in 2023
Uncertain environment
The year 2021 saw a post-COVID boom with a 27 percent increase in S&P 500’s equity valuations. The Fed funds rate fluctuated around zero, reducing the costs of borrowing, and the massive growth led to increased spending across industries. Shifting to 2022, the experience has been different, the Fed funds rate has increased significantly, and the conflict-fed inflation genie has yet to be put back in the bottle. The slowing economy and continued inflation foreshadow a difficult profitability environment for 2023.
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Amazon continues to invest in the growth of European small and medium enterprises
Amazon supported SMEs to achieve over €14.5 billion in exports and create 100,000 new jobs in 2021. Our 2022 SME Impact report also reveals insightful data about how our SME relationships have expanded over the years.
Almost 30 years ago, Amazon was a small business founded on an entrepreneur’s vision and passion. While we have grown over the years, we have retained that same entrepreneurial spirit and we have never lost sight of the importance of launching, scaling and supporting small and medium-sized enterprises (SMEs).
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Approximately 60 % of consumers in Czechia, Hungary and Slovakia use smartphones to shop and pay online
Did you know that approximately 60 % of consumers in Czechia, Hungary and Slovakia use smartphones to shop and pay online and 1 out of 4 pay with a mobile device contactless in-store? Mobile devices are becoming an essential part of our everyday life, including all shopping related activities.
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