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Czech Economy to Return to Growth
Politics ♦
Published: January 2, 2014; 23:27 ♦ (Vindobona)

After two years of GDP contraction, the Czech Republic will reach moderate economic growth rates in 2014.

In the last years, the Czech austerity program has put substantial pressure on economic growth. Due to the global recovery and the change in the government´s fiscal policy, the Czech economy is expected to leave the recession behind.
According to analysts, the Czech unemployment rate will remain above 7.0%
Despite the excessive monetary ease, the inflation rate is…
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