For two decades the flow of investment between the Czech Republic and the USA has been primarily in one direction.
While global inequality has declined significantly over the past three decades, the gap between the real real incomes of the young and the elderly remains significant. This is one of the key findings of a new report published by the IMF: Inequality and Poverty Across Generations in the European Union, emerging-europe.com writes. Peter Chrenko, Partner PwC Czech Republic, comments.
EC publishes Winter 2018 Interim Economic Forecast: Growth is expected to moderate in 2018, 2019, inflationary pressures will continue as a result of the positive output gap
The forecast covers the years 2017, 2018 and 2019 and includes data on gross domestic product (GDP) growth and inflation for all 28 EU Member States.
The international law firm Taylor Wessing has been working intensively on the GDPR for more than a year. A number of queries have been reported in connection with its implementation as regards online shopping. Simply by browsing an e-shop via your mobile phone or computer, you have already provided them with valuable information about your preferences, even without making a purchase. The collection of such information is used to display so-called personalized ads, and sent not only to the e-shop but also to other entities with which the e-shop collects personal data. Guidance in this area is offered by Karin Pomaizlová, a partner of the law firm Taylor Wessing Praha.
Prague Castle, the funicular at Petřín and Prague Zoo were the city’s three biggest tourist attractions in 2017. Figures from Prague City Tourism count places with paid admission, which excludes sites like Charles Bridge as there is no way to accurately count visitors, Prague.tv writes.
Strategic Directions for Czech Economic Policy
- 1) The home of value-added manufacturing
- 2) Prague-Brno-Ostrava Creative Triangle
- 3) Health Care as an export industry
- 4) Government as a competitive advantage
In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.