The Czech Presidency of the Council of the European Union, which will shape the EU’s political agenda during the second half of 2022, comes at a critical time for the European bloc, with an unprecedented range of challenges facing the European community. Countering the impact of Russia’s war against Ukraine will be the main driver of Prague’s political agenda at the EU level, with special focus on supporting Kyiv and ensuring the energy security of EU member states.

Significant legislative changes are also expected at EU level during Prague’s six-month Presidency, most importantly in areas including sustainability, global taxation, technology regulation, digitalization, the gig economy and free trade, with far-reaching implications for investors present in the CEE region.

Below, Aretera provides further insight into the Czech Presidency of the Council of the EU, as well as into its likely policy directions and legislative priorities. As the Czech Presidency unfolds, we will also be publishing a series of bulletins on the progress on key EU files and wider political objectives.