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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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Major new residential and office…

A new residential and office quarter is set to go up in the Prague 10 district that will contain up to 650 apartments…

 
 
Business
 
 

Czech Republic facing serious shortage…

In the last few decades the number of teenagers who opted to become skilled tradesmen and women has seen a steep…

 
 
Business
 
 

PM: State of food security…

Czech Prime Minister Andrej Babiš described the country’s agricultural self-sufficiency as catastrophic in a speech to…

 
 
Business
 
 

Extension of controversial electronic…

Prime Minister Andrej Babiš’s (ANO) bid to extend the scope of the electronic cash register system known as the “EET…

 
 
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Lorry drivers and crane operators…

Unemployment rates in the Czech Republic have been the lowest Europe-wide for some time now. The latest data on…

 
 
Business
 
 

Czech PM’s request for share of bank…

Czech Prime Minister Andrej Babiš caused a stir in Central Europe’s banking sector when he suggested that lenders in…

 
 
Business
 
 

New bill to prevent children from…

Over six thousand children in the Czech Republic are currently threatened with a distraint order over unpaid debts…

 
 
Business
 
 

City of Prague plans to introduce…

The City of Prague and the City’s Transport Authority are planning to introduce an annual pass that could be purchased…

 
 
Business
 
 

Study: No increase in Czech…

Raising the minimum wage tends to have a knock-on effect of higher unemployment. However, repeated increases in the…

 
 
Business
 
 

Czechs dealing with unexpected fall-out…

The Czech Republic on Monday entered its fifth day without crude oil deliveries from Russia, suspended due to…

 
 
 
 
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