State institutions call tenders for construction and reconstruction for CZK 10bn per month on average in the Czech Republic.
The aggregate indicator of confidence in the Czech economy in September 2014 grew to 8.4 p.p. from 8.0 p.p. in the previous month.
The total summary indicator of confidence in the Czech economy has increased to the highest level since the beginning of the year 2011.
The state copes with the support of a region helping the Czech Republic solve the problem with the radioactive waste storage.
Sales recorded by 78 most important utilities in the Czech Republic increased by nearly 12% to CZK 834.5bn in years 2011-2013.
Representatives of the Czech Chamber of Commerce (HK ČR) and the Confederation of Industry have appealed to the government to pay attention to the ČEB and EGAP so that these institutions fulfil their mission on which many exporters depend.
Although the 2015 budget deficit is lower than in 2014, it seems to be not ambitious enough given the expected economic development.
The government approved the state budget draft for 2015 on Monday September 22, 2014.
The International Energy Agency (IEA) recommends that the EU invest USD 2,200bn in electricity generation by 2035 and build new power plants with a total installed output of 740,000 MW.
Czech GDP will grow 2.9% and the growth will be driven by investments, Komerční Banka’s analyst Miroslav Frayer has stated in his commentary.