Czech Economy 2012
03.01.2012
Czech economy will not grow in 2012, but may drop 1% or even as
much as 2%. According to the Minister of Finance,
Miroslav Kalousek , stagnation or moderate recession is the most likely scenario,
as a collapse in the euro area cannot be rule ...
Czech economy will not grow in 2012, but may drop 1% or even as
much as 2%. According to the Minister of Finance,
Miroslav Kalousek, stagnation or moderate recession is the most likely scenario,
as a collapse in the euro area cannot be ruled out. Mr. Kalousek has
told the Czech Radio (ČRo) that the budget income may drop 2%, i.e.
CZK 30-50 bln. The minister says that the budget deficit of CZK
105 bln will be met, despite this drop.
News
15.05.2012
SKODA Auto to boost gearbox productionŠkoda Auto wants to boost its daily production capacity for the automatic two-clutch gearbox, DQ200, in the Vrchlabí plant from 1,000 to 1,500 from the middle of 2013. This is reportedly a joint deci
04.05.2012
Czech National Bank keeps interest rates unchangedCzech National Bank (CNB) bank board decided to keep its interest rates at current levels on its session on Thursday May 3. The two-week repo rate thus stays at 0.75%, the discount rate at 0.25% and