Economic policy / Macroeconomic Indicators, Economic Growth
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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W.Stacey, AmCham CZ: "When individual objectives align, good feedback cycles are created, and common goals can be reached."
One of AmCham's economic development goals is to make Prague a top hub of European business. At our General Assembly in June, we gathered representatives from some key strategic assets: Petr Fabrický of the Prague Airport, Michal Pěchouček of prague.ai, Rainer Bogner of ExxonMobil's shared service center, Lenka Žlebková of Prague Congress Center, and Matěj Chytil of Prague City Hall. Each is moving from a high volume approach to a higher premium approach in their business. Each can help the other achieve their goals. Train service to airport, for instance, also boosts congress business, which boosts business travel.
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AmCham members elect nine Board members; Chour, Nebesky, Novotny, Slapak, and Suri to serve on Executive Committee
Prague, June 20. AmCham members have elected nine Board members, and the AmCham Board has appointed Michal Chour of the Alcron Hotel as President and Milan Slapak of GE, Michal Nebesky of Citibank, Vaclav Novotny of Biogen and Sanjiv Suri of Zatisi Group as Vice Presidents.
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The end of the golden era: is the Czech crown and the CNB in the grip of weak Germany?
The Czech economy has visibly benefited from strong ties with Germany over the past five years. The German economy grew on average by 1.8%, which is significantly more than in the previous decade (1.1%). That is why it was the driving force behind the growth of the entire euro area - contributing to its performance by about one third. But the favorable climate in Germany is getting worse. We assume that growth in the coming years will be much slower and will have problems overcoming 1%. And that will have its consequences in the Czech Republic.
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Governor Rusnok met AmCham companies, gave a clear thumb’s up to the country’s economic performance
On Friday, May 24, before a full house, Czech National Bank governor Jiří Rusnok gave a clear thumb’s up to the country’s economic performance, and discussed what could threaten the crown’s stability.
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