From Prague Daily Monitor:
Financial analysts believe the Czech and eurozone economies have weathered the worst period of the downturn, Hospodářské noviny reports. Patria Finance analyst David Marek predicted the Czech economy will shrink more slowly in the second half of 2009, but the unemployment rate could reach nearly 10%, leaving 570,000 jobless. The country’s GDP declined 3.4% in the first quarter as exports and industrial production plunged. [ HN 3 ]
Updated/Aktualizováno: July 22, 2014,
