One of the country’s frequently stated assets in attracting foreign investment has been its skilled and relatively cheap work force. However the outcome of a study by consultants Engage Hill suggests that the drawn out economic crisis has had a negative impact on Czechs’ work ethics and the country may be heading for trouble.
With unemployment having reached an all-time high in January the authorities are looking for ways to create new jobs in the worst-affected regions. One of the projects in the pipeline, discussed at a conference in the Senate this week, are state-supported personal and household services which have played an integral role in the recovery of the employment market in many other EU member states.
Scandal rather than success and savings appear to be the words most frequently linked to Czech attempts to employ information and communications technology advances in the public sector. An appeal by the significant Czech sector to give ICT a real chance by putting the right people and coordination in place looks like falling on deaf ears.
Czech President Miloš Zeman on Wednesday appointed former prime minister Jiří Rusnok to the board of the Czech National Bank. It is the first of five appointments the president is due to make to the central bank board during his term in office and commentators say the changes may have a moderating effect on the bank’s currently Eurosceptic board.