The European Commission has confirmed a slowdown in Czech economic growth. The Commission’s newly released macro-economic forecast sees GDP growth falling to 3 percent this year. In 2017 Czech economic growth stood at 4.3 percent.
The growth is expected to be driven mainly by growing domestic demand. According to the prognosis, Czech GDP should be at around 2.9 percent in 2019 and 2.6 percent in 2020.
The anti-Babiš demonstration at Prague’s Letná: Questions and answers
Preservationists slam Jiřičná design for new Prague high rise development
PwC report: Prague increasingly attractive for real estate investors
Czech brewery rolls out first wastewater beer
Czech and Slovak Museum in Cedar Rapids forms bridge between the past with the future