Czech Business Today
Volume XX, 5-2021
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Fit for 55 package must ensure competitiveness of EU companies
In mid-July, the European Commission presented its eagerly awaited Fit for 55 package, one of the most important parts… continue reading »
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Data Act – a key initiative for digital transition
In February 2020, the European Commission presented its European strategy data which aims to make the EU a leader in a… continue reading »
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EU-US Summit: First concrete outcomes give businesses hope for renewed cooperation
Before the summer break, on 15th June, Brussels hosted the first EU-US summit after the change of the US… continue reading »
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EESC CORNER: RRF – an extraordinary opportunity but huge challenge
The Recovery and Resilience Fund is the centrepiece of NGEU, with EUR 672.5 billion in loans and grants to support… continue reading »
Flash news
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Czech national recovery plan approved
The Council of the EU approved the Czech national recovery plan at the beginning of September. The Czech Republic will be able to obtain 13% of the total budget of EUR 7 billion in the form of pre-financing. The two main areas the recovery plan focuses on are digital and green transition.
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Czech government presented new hydrogen strategy
At the end of July, the government approved the hydrogen strategy of the Czech Republic prepared by the Ministry of Industry and Trade. It’s based on 4 pillars – production of low-carbon hydrogen, use of hydrogen, transport and storage, and hydrogen technologies. The strategy will significantly add to the goals of the Green Deal for Europe.
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New support for start-ups and spin-offs
At the beginning of September, the government adopted a document that aims to improve investment in start-ups and spin-offs in the Czech Republic. The idea is to help to create new companies in areas where there are unfavourable market conditions, e.g. due to sectoral regulation. This goal is part of the Czech innovation strategy 2019-2030 and also of the national recovery plan.
