Macroeconomic news

20
April 2016

Senate approves amendment of Business Support Act

On April 20, 2016 the Senate of the Parliament of the Czech Republic approved an amendment of the Small and Medium-sized Business Support Act. As ČIANEWS informed earlier, the amendment introduces the Agency for Business and Innovations (API) separated from CzechInvest.

19
April 2016

MPO: State-supported industrial areas generate CZK 263bn

Investors have generated over CZK 263bn in state-supported industrial areas.

19
April 2016

IndustryMin to support foreign business missions

The Ministry of Industry and Trade will support projects and foreign activities sought on the basis of Czech exporters’ preferences, incl. the tried and tested practice of business trips taken by the minister and governmental and constitutional agents, accompanied by Czech business missions.

17
April 2016

Czech FinMin: Gross state debt totaled CZK 1,694.7bn

On March 31, 2016 the gross state debt of the Czech Republic totaled CZK 1,694.7bn.

14
April 2016

IndustryMin: 84.9% of Czech exports are headed for EU

European Union’s share on total exports from the Czech Republic grew to 84.9% in 20M 2016 from 83.7% a year ago.

14
April 2016

HK ČR: Small and medium companies in CR have become stabilised

The economic situation of small and medium companies in the Czech Republic is stabilising, one quarter of them are planning to hire new employees.

13
April 2016

PSPČR approves completion of A. Vitásková’s term in ERÚ

The Lower House of the Parliament of the Czech Republic (PSPČR) approved on April 13, 2016 the amendment of the Energy Act specifying the legal position of the management of the Energy Regulatory Office of the Czech Republic.

12
April 2016

IMF: CR’s GDP to grow 2.5% in 2016

The growth pace of the Czech Republic’s GDP will slow down to 2.5% in 2016, inflation will increase to 1% and unemployment will drop to 4.7%.

12
April 2016

City of Prague plans to spend CZK 2.33bn on infrastructure

The Council of the City of Prague has approved the Economic Infrastructure Plan for 2016, which contains investments for the period between 2016 and 2020.

10
April 2016

ČNB: Negative rates are not a suitable tool

Negative rates are not suitable for relaxing monetary conditions or for directly influencing inflation.

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