Good governance
This section details initiatives to make government a competitive advantage. It includes analysis and reports of government initiatives, as well as data on accountability and performance measures.
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Spotlight issue
AmCham Statement on the Construction Act
We write on behalf of AmCham’s Real Estate Council to advocate a wider reform of land use policy, and to state our view that the proposal currently debated in the Chamber of Deputies will not achieve the changes necessary to achieve a leading innovative economy in Europe, and will place the country at a competitive disadvantage to Poland and Slovakia- particular after Slovakia’s digitization of their process and adoption of a new policy aimed at increasing investment into affordable housing.
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Russian and Belarusian sanctions updates
Following the invasion of Ukraine by Russia, the UK, EU and US have all responded by announcing significant sanctions in respect of Russia and Belarus.
This briefing summarises the key developments from 28 February 2023.
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Disproportionate utilization of set electricity and gas prices in the group
The Government Regulation on the determination of electricity and gas prices in an emergency market situation sets maximum prices for these commodities. At the same time, it also sets the maximum permissible extent of the material benefit that a participant in the electricity or gas market can obtain by taking electricity and gas at the set price. The maximum permissible material benefit is calculated for the whole group (within the Czech Republic) taken together.
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