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.
Show subcategories ▾
Spotlight issue
3Q economic growth of 1.5% qoq fostered by household consumption
The second reading of Czech GDP for 3Q has brought a slight upward revision. The figure was increased to 1.5% qoq from the previous estimate of 1.4%. The qoq rate of growth was thus similar to 2Q’s 1.3% qoq. Given the problems faced by industry, we consider this a very good result. Due to a higher base effect, yoy GDP growth slowed from 8.5% to 3.1%, as 3Q20 was already marked by a partial economic recovery. Economic activity is still about 2.5% below the pre-crisis 2019 level.
View more
Twitter
Linkedin
Facebook
Google+
Future of Prague Series: AmCham Prague Council and Tourism Council on how to generate more revenue per tourist
Prague has great beer. The city also preserved a historic city center that rivals Venice in size and beauty. The cobblestone streets of Bohemia’s capital offers much, much more. Karel Capek invented the word robot in one of his visionary plays about mankind’s future. His invention sits on the shoulders of other literary creations such as Meyrinck’s Golem or Kafka’s Metamorphosis.
View more
Future of Prague Series: AmCham Prague Council on the university's role in an innovative city
At AmCham our aim is increase prosperity (according to our Prosperity Index) through greater business innovation (and investment). That is why we applauded the first articulation- The Country for the Future that the country's economic future was tied to its innovative capability. For the Czech Republic to be that country in the future, Prague needs to start being that city right now. And if Prague is going to be that city, the Czech Technical University in Prague will be the engine powering its performance.
View more
