Czech Business Today
Volume XIV, 8-2015
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New Single Market Strategy: The Success Depends on Specific Proposals and Implementation
Thorough implementation of legislative acts is crucial for the effective functioning of the internal market. Incomplete… continue reading »
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Czech Businesses Welcome EU’s Complex Focus on Trade and Investment Policy
In the middle of October, the European Commission presented its new trade and investment strategy called Trade for All:… continue reading »
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Online Platforms Discussed at V4 Digital Day
At the beginning of November, Permanent Representation of the Czech Republic to the EU hosted V4 Digital Day, an event… continue reading »
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EESC CORNER: Vladimír Novotný Joins Group I of the European Economic and Social Commitee
The European Council approved the new membership of EESC for the mandate 2015–2020 in October 2015, and I have been… continue reading »
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MEPs Corner
I welcome the new Commission’s Single Market strategy as it seeks to reflect key challenges of today. It takes to heart… continue reading »
Flash news
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Timmermans visited Prague European Summit
First Vice-President of the European Commission Frans Timmermans attended the “Prague European Summit” Conference to deliver the keynote speech on refugee crisis, which is one of the key challenges that Europe is facing today.
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GDP in the third quarter grew by 0.5 %
According to Czech Statistical Office, gross domestic product of the Czech Republic grew in the third quarter of 2015 by 0.5 %, compared with the previous quarter. The annual comparison shows 4.3% growth, placing Czech economy among top economies within the EU.
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Doing business is a bit harder
The Czech republic dropped from 33rd to 36th place in Doing Business ranking. The scoreboard is annually published by The World Bank and provides comparison of 189 economies in the world.
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Exports could grow by 6 % this year
According to the Czech Association of Exporters, exports of goods from the Czech Republic could rise by 6 % this year and reach the amount 3.8 billion CZK. That would set a new record in export of goods from the Czech Republic. Largest export destination remains Germany and Slovakia, a significant drop is expected in Russia.
