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Czech Economy to Grow Not Sooner than 2016

Published: January 21, 2014; 17:18 · (Vindobona)

The Czech economy will struggle to show economic growth both this and next year, according to the Czech Federation of Trade Unions CMKOS.

Czech Economy to Grow Not Sooner than 2016 / Picture: © Flickr

Trade union umbrella organization CMKOS, which assembles 29 trade unions and around 370,000 members, expects the Czech economy to start growing in 2016 only. According to the organization, austerity measures imposed by the former government of Petr Necas are the reasons for the stagnation to continue since the economic situation in the country is not improving while the unemployment…

This article includes a total of 295 words.

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