Czech Economy: Good Prospects for Sustainable Recovery

Business › Economy ♦ Published: January 10, 2014; 21:49 ♦ (Vindobona)

The Czech economy is expected to return to growth already in the first half of 2014. Growth will not be only based on exports.

Czech Economy: Good Prospects for Sustainable Recovery / Picture: © Vindobona.org

The Czech economy has contracted about two years in a row. Now, the country has good prospects to return to sustainable growth again.

One of the main indicators is the increase in industrial output. In November, the Czech industrial output grew by 6.2% year-on-year, which reflects both an increase in foreign and domestic demand.

In 2014, the Czech GDP is expected to grow…

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