The Czech government will be launching a new series of incentives with which it hopes to motivate Czech and foreign companies to make new investments and create new job opportunities. Two months ago, the country lost its right to offer up to 40 percent of a new investment in incentives, because of the rising standard of living. It’s now allowed by the EU to offer incentives worth just 25 percent of any single investment. Hospodářské noviny reports that the government can offer up to CZK 200,000 per new job created in regions with above-average unemployment levels such as Karvin, Opava and Southern Moravia.
