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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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February year-on-year growth figures…

February saw Czech industrial production experience a year-on-year growth of 1.5 percent, according to the latest Czech…

 
 
Business
 
 

Press: Vietnam’s Bamboo Airways set to…

Vietnam’s start-up airline Bamboo Airways, which began operations in January, in expected to soon launch direct flights…

 
 
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HN: Breweries to open dozens of new…

Major Czech brewing companies are planning to open dozens of new branded pubs this year, Hospodářské noviny reported on…

 
 
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CZK 50 million foreign investment…

Czech companies doing business in high-risk markets will now be able to apply for up to CZK 25 million in funding…

 
 
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Commercial TV Prima announces launch of…

Prima TV, the second most popular commercial TV station in the country, has announced it is teaming up with CNN…

 
 
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Law gives clients new rights in fight…

On Monday, a new amendment went into effect which seeks to tackle the shady tactics employed by many exchange offices…

 
 
Business
 
 

Price of vegs skyrockets due to last…

The price of vegetables in Czech shops has seen a steep growth. Potatoes – once the cheapest of commodities –are now…

 
 
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Two Prague restaurants retain their…

Two Prague restaurants have reason to celebrate, having retained their Michelin one-star status in the 2018 Main Cities…

 
 
Business
 
 

HN: More foreigners buying Prague flats…

The percentage of Czech apartments bought as investments has grown in recent years. But simultaneous with that has been…

 
 
Business
 
 

Czech Republic among EU’s cheapest…

Thanks to its location in the heart of Europe, the Czech Republic has always been a popular transit country for trucks.…

 
 
 
 
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