- Business News in English

Business News from Czech Republic by and several sources, collected all on one platform! Want to have your business news listed with us?  Contact us

Government to support areas with higher unemployment

Investors in districts with unemployment higher than the national average by half could now get four times higher state support. The financial incentive is to increase from the current CZK 50k per position to CZK 200k. This is envisaged by the proposal of the Labour Ministry which will be discussed by the Government. Keeping the job for five years will remain a condition. Average return on investment, as the ministry claims, is 20 months.