The Czech economy should grow by 0.8 percent in 2010, according to a newly released forecast from the European Commission. Its prognosis is rather more positive than that of the Czech finance ministry, which expects a 0.3 percent rise in gross domestic product next year – following a fall of 5 percent this year. The European Commission said the Czech Republic had come out of a recession in the second quarter of 2009 after real GDP had stabilized; it predicted mild growth in the final two quarters of 2009. Looking further ahead, it forecast growth of 2.3 percent in 2011.
Czechs and Germans in 1930s Czechoslovakia: a complex picture
Wide range of events in store for Czechs this weekend as 30-year anniversary of Velvet Revolution reaches climax
Hundreds of thousands again gather in Prague to voice their opposition to prime minister
Shabby pub profits from nostalgia
Škoda unveils 4th-generation Octavia ahead of model’s 60th anniversary