Czech Republic

Technical support is the clearest strength in a labor pool that has improved since the 2022 edition, with hiring for agents, team leads, managers, and most service channels also drawing high confidence. Revenue generation and the public education system's language training and career preparation are viewed more moderately. Recruiting foreign workers and sourcing work visas are the weakest points.

A slight improvement since last year leaves the ecosystem lukewarm. Competitors' international image and the government's restraint from interfering in operations and international promotion are seen positively, while government dialogue and ABSL Czech Republic's alignment with industry needs draw moderate support. Confidence is low in industry unity and CzechInvest's lobbying, and weakest on favorable legislation and fiscal incentives.

Infrastructure draws full confidence across telecoms, the power grid, public transport, hotels, restaurants, and leisure, and sentiment has strengthened over the past year. Airports and international travel connections are rated only slightly lower.

Co-working space draws the strongest support in a commercial property market seen in a positive light. Leasing, retrofitting, and temporary co-working are well regarded, with plug-and-play facilities, purchasing, and sourcing space across multiple cities a step behind.

There is full confidence that business travelers and staff commuting on public transport are safe. Law enforcement's responsiveness and trustworthiness are also very highly rated.

Political stability is now viewed positively, a clear improvement since 2022. Confidence in a peaceful transition of power is full, and the electoral process, the central bank, and the judiciary are well regarded. Foreign policy orientation, law enforcement, core government, and the civil service draw more moderate confidence.

The economic outlook has improved since the last index but stays moderate. Currency stability and the management of utilities are viewed positively, and public finances draw moderate confidence. Tax rates and inflation are the main concerns.