On the back of the recent market turmoil and the increase in political stress, we have revised our EUR/CZK call higher for the coming months. However, the medium-term forecasts remain virtually unchanged.
Coca-Cola Hellenic Bottling Company first to produce brand new category - plant based beverages AdeZ
AmCham toured the upgraded and expanded Coca-Cola bottling facility with Coca Cola's Managing Director in the Czech Republic Josef Karásek. Coca-Cola is celebrating 25 years of operating in the Czech Republic.
European Semester Spring Package: Czech Rep is enjoying an economic upswing, but increasing tax system complexity is a concern and certain regulatory burdens are deterring further investment
As economic growth accelerated significantly in 2017, the Czech Republic is in a good position to address remaining structural challenges. The Czech Republic is enjoying an economic upswing. Labour market indicators set new records but at the same time signal limits to future growth. Inflation has moved above the central bank’s 2.0 % target. These are conclucions of the European Semester report published by the European Commission on 23 May.
Despite latest market volatility and threats about trade-wars, Czech households remain optimistic given favourable labour market and increasing wages. Business confidence declined in May, driven mainly by weaker expectations in industry, ING Bank Czech Republic 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.