Austria stays among the top three foreign investors of the Czech Republic

Central- & Eastern EuropeCzech Rep. ♦ Published: September 13, 2010; 11:54 ♦ (Vindobona)

After the deep slump of the Austrian-Czech foreign trade during the crisis year 2009 by approximately 20%, things are going up steeply again.

Austria stays among the top three foreign investors of the Czech Republic / Picture: © Vindobona.org

Austrian exports to the Czech Republic rose in the first half of 2010 by 17.3% to 1.909 billion euro and imports from the Czech Republic by 19.6% to 1.903 billion euro (as compared to the same period in the previous year).

"The foreign trade between Austria and the Czech Republic in the first half of 2010 developed better than average when compared to Austria's worldwide…