20th July 2015

Competitiveness: OECD 2015 Government at a glance: Czechs better at combating government debt, but worse at mathematics


In 2013, the average debt level in OECD countries reached 109.3% of GDP. From 2013 to 2014, debt decreased in Czech Republic, Ireland, Norway and Slovak Republic, while the highest increases in debt occurred in Slovenia, Spain, Italy and Belgium...As for the remuneration of public sector staff, in Czech Republic the average salaries for top-level managers increased while the overall budget for remuneration was decreased by 10%, resulting in a decrease of salaries for many regular staff and an increase in salaries for some managers...Read more.

Members of the American Chamber of Commerce in the Czech Republic