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Czech Republic Returns to Growth Slowly
Politics ♦
Published: February 2, 2013; 13:05 ♦ (Vindobona)
According to the Czech Ministry of Finance, the recovery will be only gradual. This year, GDP is expected to increase by 0.1%.
Czech Republic Returns to Growth Slowly / Picture: © Vindobona.org
During the whole 2012, the Czech economy was probably experiencing a shallow recession, from which it is expected to emerge at the beginning of this year. However, economic recovery should be only gradual, with GDP increasing by mere 0.1% YoY. In 2013, the economy should continue to be driven by balance of goods and services surplus, though the positive contribution of net exports…
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