Overview of the latest economic events in the Czech Republic
President Petr Pavel has signed an amendment to the Public Health Insurance Act that will allow health insurers to increase investment in disease prevention. The amendment also expands covered care to include a white dental filling option for adults and allows for reimbursement of certain medical procedures abroad. The changes are due to come into force in 2026 and are aimed at strengthening preventive care and access to health services for insured people.
President Petr Pavel also signed an amendment to the Energy Act known as Lex Plyn, which is intended to speed up the permitting process for the construction of new steam power plants. The aim is to ensure sufficient capacity for electricity generation in the context of the planned phase-out of coal-fired power plants. The amendment may shorten the permitting process by up to five years, which will contribute to the Czech Republic's energy security.
Microsoft has announced plans to train more than 350,000 people in the Czech Republic in artificial intelligence over the next year. It has allocated over CZK 10 million for the first phase of the AI National Skilling Plan. The initiative is intended to support the digital transformation of the Czech Republic and meet the goals of the National AI Strategy 2030, which aims to strengthen the country's competitiveness through the responsible use of AI .
The French company EDF has announced that it will not pursue legal action against the outcome of the tender for the construction of new units of the Dukovany nuclear power plant. The Brno Regional Court rejected EDF's appeal against the decision of the Office for the Protection of Competition, confirming the victory of the Korean company KHNP. The Dukovany II power plant had already signed the final construction contracts with KHNP in early June.
Foreign investments: significant acquisitions and transactions
In the area of foreign investment, there were several significant transactions. In addition, CEZ, through its subsidiary Elektrárna Dukovany II, signed a contract with KHNP for the construction of two new nuclear units, the largest government contract in the history of the Czech Republic.
Global impacts: significant events outside the Czech Republic
At the global level, events with an impact on the Czech economy were taking place. The European Commission has asked the Czech Republic to suspend the signing of a contract with KHNP due to suspicions of illegal subsidies, which could affect future energy projects in the country. This situation highlights the importance of transparency and respect for competition rules in international tenders.
The economic events of 27 June 2025 point to the Czech Republic's proactive approach to reforms in health care, energy and technology education. Investing in disease prevention, accelerating the construction of energy resources and developing AI skills will strengthen the country's competitiveness. At the same time, international cooperation and compliance with competition rules remain key to the successful implementation of strategic projects.
Current exchange rates according to the CNB and Google Rates
Currency | Czech National Bank exchange rate (CZK) | Google Rate (CZK) |
---|---|---|
EUR | 24.665 | 24.6634 |
USD | 21.139 | 21.2343 |
PLN | 5.798 | 5.7865 |
HUF | 0.0616 | 0.0615 |
GBP | 28.42 | 28.4338 |
CHF | 26.522 | 26.5012 |
CNY | 2.947 | 2.9604 |
JPY | 0.14289 | 0.1426 |
RUB | N/A | 0.2714 |




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