regarding permitting, it is mentioned many times through this document as one of the biggest blocks in the Czech ecconomy, so knowing this im sure along with the EU wishing to speed up permitting they will act on this , which im sure they are doing , as its in their own interests to do so, a limiting factor for foreign investments and Czech investing ,
"the main reasons for the lengthy construction permitting procedures are low administrative capacity in the fragmented building offices, the lack of a methodology to unify the procedures of the relevant authorities and construction authorities, often conflicting requirements from the authorities, requirements to supplement the opinions, but also unresolved property rights relations. Shortening the permitting process for energy and transport infrastructure as well as residential housing is an essential condition for their realisation."
lets hope they are getting this sorted
EMH Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held
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