The Ministry of Industry and Trade (MIT) has been finalizing the Czech National Recovery Plan (NPO)  in cooperation with other ministries and the Government. The Recovery Plan represents a generational opportunity to use public funds not only to modernize infrastructure, but perhaps the last great opportunity to use EU money to accelerate the Czech economy into the top rank of global innovative economies.  "European money should help us start and modernize the economy after the coronavirus pandemic, but not only that. According to the latest information, we could receive about CZK 172 billion," says Deputy PM and Minister of Industry and Trade Karel Havlíček. "The support is not only in the context of Covid-19, the Plan also addresses other topics such as digitization, sustainable transport, the green economy, health care, education, construction of day-care centers or homes for the elderly."

Yesterday, the U.S. Chamber of Commerce released annual survey of the jobs, investment, and trade links between the United States and Europe -- The Transatlantic Economy 2021 – in partnership with AmCham EU. This year’s report confirms that the U.S. and Europe remain each other’s most important economic partners despite political turbulence and the COVID-19-induced recession.