CTP announced that it will complete CTPark Bor in the next five years, creating the largest industrial park in the Czech Republic with an area of 600,000 m2.
Czechs Pay More than 11 Average Annual Income for a New Flat, the Most in Europe for the Third Consecutive Year
Czechs must pay an average of 11.2 average annual salaries to purchase a new apartment with the size of 70 m2. Compared to selected European countries, the situations is the worst in the Czech Republic. In the runner-up country – Latvia – 10.1 annual salaries are needed to acquire a new flat. In contrast, flats are the easiest to acquire in Portugal (3.8 annual salaries). These are some of the conclusions of the latest Deloitte Property Index 2019.
The three-day waiting period for sick leave compensation has been abolished as of 1 July 2019, and ailing employees thus receive payments from the first day of sickness.
For the second time in a row, the Central Bohemian town of Říčany can boast the highest quality of life. Přelouč in the Pardubice Region recorded the most significant improvement compared to last year – it jumped 88 places up in the ranking. The Moravian-Silesian town of Orlová took last place again. These are the conclusions of the second annual Quality of Life Index. It was prepared by Obce v datech (“Municipalities in Data”) with Deloitte as its primary consulting partner.
Michal Chour has been involved in AmCham's tourism advocacy for over a decade. He recognizes that this industry, like so many others, now needs to transition from a volume business to a value-added one. His goal as AmCham president is to help align interests so the sum for the country is greater than all the parts.
Strategic Directions for Czech Economic Policy
- 1) Transition to High-Tech Manufacturing
- 2) The City Campus as Idea Factory
- 3) Government Programs That Drive Innovation
- 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.