Economic policy
This section reports on economic policy initiatives of the Czech government, the EU, and other entities that have a direct impact on the competitiveness of the country. It also includes information on economic priorities of the AmCham and other leading associations.
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Spotlight issue
BEPS and Transfer Pricing roundtable with Vitezslav Kapoun
On November 22, the American Chamber of Commerce held a roundtable with Vitezslav Kapoun from General Financial Directorate on current implementation of BEPS and transfer pricing. The Base Erosion and Profit Shifting (BEPS) Action Plan was adopted by the OECD and G20 countries in 2013.
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ING Bank Czech Republic: Czech wage growth remains strong
Nominal wages grew by 8.5% year-on-year in the third-quarter. Wage growth slightly exceeded the consensus and the central bank estimates of 8.2%, mainly due to higher wage growth in non-market sectors.
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ING Bank Czech Republic: Czech GDP growth revised higher
GDP growth figures for 3Q18 were revised slightly higher to 2.4% year-on-year and 0.6% quarter-on-quarter. Stronger investment and household consumption contributed positively to the result while inventories and net exports were drags on growth.
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Roundtable with Z. Horelica from the State Fund for Infrastructure: a prospect for 2020-2021
On November 14, the American Chamber of Commerce hosted a roundtable with Zbynek Horelica, a director of State Fund for Infrastructure on the budget 2019 and perspective for 2020 - 2021.
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