On May 17, 2017, Prime Minister Bohuslav Sobotka (ČSSD) accepted the nomination of Ivan Pilný (ANO), chairman of the economic committee of the Chamber of Deputies, for the post of the minister of finance.
Business and investment development agency CzechInvest will support start-up entrepreneurs within the framework of the CzechAccelerator project.
Gross domestic product in the Czech Republic grew by 2.9% y/y and 1.3% q/q in Q1 2017.
The government led by PM Bohuslav Sobotka (ČSSD) will discuss the draft investment incentive for a strategic investment event by Yanfeng Czechia Automotive Interior Systems on May 22, 2017.
The active balance of the current account of balance of payments totalled CZK 31.2bn in March 2017.
In China, CzechInvest representatives are negotiating possible China’s investment in the Czech Republic.
At the start of 2018 inflation will find itself close to the Czech National Bank’s (ČNB) 2% target.
If the exchange rate of the crown were to remain at a weaker level than the Czech National Bank (ČNB) predicts, there would be more room to introduce stricter monetary conditions through the interest component.
The Czech industry is benefiting from the influx of domestic and foreign contracts and overall economic optimism, according to PwC Czech Republic Business Finances and Restructuring department partner Petr Smutný.
Insufficient offer on the labour market is becoming the main obstacle to the development of the Czech economy.