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IMF: The next few years will see Czech economic growth hovering around 2.5 percent

The Czech Republic’s economic growth is expected to continue at a rate of around 2.5 percent, the International Monetary Fund predicted in a press release on Thursday. Inflation is expected to go down and unemployment levels will rise. The head of the organisation also warned of the large impact that American tolls on European products would have on the Czech economy.

 
 
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Corporate catering businesses on rise…

Corporate catering businesses are on the rise in the Czech Republic, with more and more fast food chains and food…

 
 
Business
 
 

Study: Sector tax on banks would spark…

The possible introduction of a sector tax on banks in the Czech Republic would lead to a knock-on increase in the cost…

 
 
Business
 
 

CEZ to offload foreign companies in…

The energy giant CEZ is undertaking a considerable change in strategy. Instead of striving to become a major player in…

 
 
Business
 
 

Krokonoše National Park clears away…

Krkonoše National Park in the north-west of the Czech Republic is trying to clear away fallen trees left in the park…

 
 
Business
 
 

Some like it hot – Czechs lose…

High energy expenditures are forcing nearly a quarter of Czechs to cut back on other types of spending, a recent survey…

 
 
Business
 
 

Lenders nod to state development fund…

Lenders operating in the Czech Republic have agreed to contribute to a state development fund designed to cover…

 
 
Business
 
 

2017 law governing wine sales remains…

Two years after a law aiming to clamp down on bootleg wine sales and low quality wines came into force it still sparks…

 
 
Business
 
 

Czechs set to go beyond EU proposals on…

The Czech government is poised to amend the Food and Consumer Protection acts so as to ban the practice of “dual…

 
 
Business
 
 

Czech company tax among the most…

The Czech Republic’s system of company tax is one of the most complicated in the EU, claims a study made in…

 
 
Business
 
 

Czech unions seek to force employers to…

Companies in the Czech Republic will have to accurately track their employees’ working hours. Otherwise they will come…

 
 
 
 
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