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.

Spotlight issue

14th May 2020 / Competitiveness / Energy and Environment

Dentons launches 2020 edition of its ‘Investing in renewable energy projects in Europe’ guide

As we start a new decade, the forces shaping the European renewables sector are familiar enough, but the longer-term future in each market is becoming harder to predict. State action—for example, in the form of renewables support auctions—remains key. However, the tasks facing governments and regulators are multiplying and becoming more complex, particularly as decarbonization becomes as much a matter of industrial policy as of energy market regulation.
View more

13th May 2020 / Competitiveness / Tax & Finance

As work sites slowly start to reopen, CFOs are optimistic they can keep their customers and employees safe - PwC survey

As work sites slowly start to reopen, CFOs are optimistic they can keep their customers and employees safe - PwC survey As COVID-19 restrictions continue to slowly lift in some countries while others remain in lockdown, PwC’s latest COVID-19 CFO Pulse reveals a sense of optimism among finance leaders about their companies’ ability to reopen safely. Seventy-five percent of CFOs feel very confident they can meet customers’ safety expectations, and 70% are very confident they can provide a safe working environment for employees. The survey of 867 CFOs in 24 countries and territories also found that about half (49%) of CFOs are considering making remote work a permanent option where feasible, and 48% are looking at accelerating automation and other ways of working.  
View more

13th May 2020 / Competitiveness / Employment and Social Affairs

Significant increase in wage required for Blue card holders

Blue Card is a residence permit in the Czech Republic intended for highly qualified employees from the countries outside the EU. One of the basic requirements is a certain amount of wage, which must be at least 1.5 times the average gross wage in the Czech Republic. From 1 May 2020, the Ministry of Labor and Social Affairs announced a significant increase in this amount to CZK 51,188 per month, which is a difference of around CZK 3,500 compared to last year.
View more

Members of the American Chamber of Commerce in the Czech Republic