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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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Czech bank to offer first-time buyers…

Česká spořitelna, the second biggest player on the Czech mortgage market, is planning to launch a special type of…

 
 
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Dry weather boosts likelihood of more…

The current dry weather in the Czech Republic is facilitating the reproduction of the bark beetle, which destroys…

 
 
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Shoppers increasingly turning to…

The Czech Ministry of Agriculture has just released data which shows the organic food market grew at an exceptionally…

 
 
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Press: Government eyes far higher tax…

The Czech government aims to obtain much more revenue in taxation from the likes of Google and Facebook, Hospodářské…

 
 
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Aktuálně: Bosses weary of firing…

Historically low unemployment rates are having unusual side effects on the way companies treat their employees. News…

 
 
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Record amount of Czech households…

Nearly a third of Czech households saw their financial wealth grow last year, a study published by GfK reveals. The…

 
 
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Funding for NGOs cut despite government…

The Czech Ministry of the Interior has reduced by over one-quarter its funding for non-governmental organisations…

 
 
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Czech billionaire’s CPI sold CZK 14 bn…

Czech billionaire developer Radovan Vítek’s CPI Property Group completed the sale this week of 550 million euros (CZK…

 
 
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Highest year-on-year price growth since…

Year-on-year growth in consumer prices accelerated to 3.0 percent in March, the Czech Statistics Office reported on…

 
 
Business
 
 

Czech Radio: State could have missed…

The Czech state could have lost out on hundreds of millions of crowns worth of tax money by not taxing heated tobacco…

 
 
 
 
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