HOMEPAGE

Business

 

Czech Republic faces glass ceiling challenge in economic catch up with Western European

 
photo:  (radio.cz)
 

This week Radio Prague staged a special debate about Czech economic convergence with the most developed West European economies. While other Central European countries have almost caught up the Czechs, it has been a stop-start and slow process to try and achieve the economic development and prosperity of economies such as Germany or France. The lag is especially striking with respect to average Czech wages and those, for instance, in Germany.

 
 

Secretary of State for European Affairs, Aleš Chmelař, and Chief Economist with Patria Finance, Jan Bureš, highlight how the country could be facing a glass ceiling and needs to take new directions to boost economic convergence.

 
Author: Český rozhlas Radio Praha
 
Added: 04.10.2017
 
 
 

Related articles

 
Business
 
 

Chinese bike share firm rolls out...

Chinese bike-sharing company Ofo will start operating in Prague this year. Around one thousand bikes...

 
 
Business
 
 

Czech spending watchdog finds...

The Czech Republic’s spending watchdog has roundly criticized the way state and European funds were used...

 
 
Business
 
 

Czech pink pill gets protection

French pharmaceutical company Sanofi has registered the colour and shape of the famous Czech painkiller...

 
 
Business
 
 

IKEA pop-up store to open in Prague...

Swedish furniture giant IKEA will open a new store in the very centre of Prague this summer, the daily...

 
Most favourite

History of Czech fine art

What happened in the realm of fine art at the very beginning of the Czech…

Climate

The Czech Republic is a landlocked country located in moderate geographical…

The most significant current discoveries

During the last decade, Czech science has made many revolutionary discoveries…

Czech language

The Czech language belongs to the group of West Slavic languages. From another…