Business - Economy

Czech Republic: CNB Demonstrates Optimism

Published: February 7, 2014; 15:36 · (Vindobona)

The Czech National Bank has revised the economic outlook. Domestic demand remains is expected to remain weak.

Czech Republic: CNB Demonstrates Optimism / Picture: © Vindobona.org

This year, the Czech Republic will definitively leave the recession behind, the Czech National Bank reported. According to the recent forecast, the Czech GDP will grow by 2.2% this year. Next year, the Czech economy is expected to expand by 2.8%.

Compared to the prior forecast from November 2013, this is a substantial increase. Three months ago, the Czech National Bank has…

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Czech Republic: CNB Demonstrates Optimism

The Czech National Bank has revised the economic outlook. Domestic demand remains is expected to remain weak.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.