Is it overheating or not? The talk is about the Czech economy. Judging by the development of consumer prices (and their) forecast, it does not appear to do so. But the labour market and apartment prices tell a different story. It is apparently about time that the economic policy take its foot off the pedal and start putting the brakes on. Limited reliance can be usually placed on fiscal policy, namely in the year when elections are to be held. So only the central bank remains. And it decided to intervene in early August, increasing interest rates for the first time since 2008.
The Czech Republic is the least healthy country in the world, according to new research conducted by Clinic Compare, The Independent Daily informs. The clinic comparison website gathered their data from the World Health Organisation by analysing alcoholic consumption, tobacco consumption and the prevalence of obesity in 179 countries around the world. Czech experts go further...
The representatives of the main manufacturing companies located in Brno accepted an invitation by Weston Stacey from the American Chamber of Commerce to meet and discuss two topics connected to their business, these being Automation & Industry 4.0 and the challenging situation in the labour market.
PRAGUE, Sept 25 (Reuters) - The Czech cabinet approved on Monday its 2018 central state budget draft with a planned deficit of 50 billion crowns ($2.29 billion), the last finance plan for the centre-left ruling coalition before an October election.
Growth of real Gross Domestic Product (GDP) in the G20 area* accelerated to 0.9% in the second quarter of 2017, compared with 0.8% in the previous quarter, according to provisional estimates, OECD 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.