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Czech Republic: Economy still Down. Hopes are Up.
Specialists, despite of the current situation, predict slight economic growth for 2013 after year of recession.
Czech Republic: Economy still Down. Hopes are Up. / Picture: © Czech National Bank
On Feburary 22, the EU commission has downgraded economic growth for the 17 eurozone member states. The commission expected the eurozone economies would shrink by - 0.3 % this year, in contrast to a previous forecast of 0.1 % growth. The Czech Republic is affected in the same negative way since it has been going trough one of the worst recesscions.
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