Czech Republic Property News Wrap-up :: Weeks of November 16 to 27, 2009

Czech Point 101 July 22, 2014 @ 2:48PM

1. ČSÚ: Confidence in Czech economy up in November
(http://praguemonitor.com/2009/11/26/%C4%8Ds%C3%BA-confidence-czech-economy-november)

High-level overview of article:
Confidence in the Czech economy increased in November, the composite confidence indicator rising by 3.1 points compared with the previous month, the Czech Statistical Office (CSU) said yesterday.

Our take:
We would expect this to continue to rise.

2. Poland, Czech Republic and Slovakia to be best performing economies of the eastern EU for next few years
(http://www.google.com/hostednews/afp/article/ALeqM5hDj1Giv2Ud1vmICvcpytfFX31a3w)

High-level overview of article:
The European Union may have inched out of its sharpest recession since the global slump of the 1930s, but green shoots are not emerging uniformly across the 27-nation bloc’s eastern member states.

Our take:
It is difficult for many not to lump all of Eastern Europe together. It will take some time but we are starting to see the differentiation clarifying.

3. Eurozone emerges from recession!
(http://news.bbc.co.uk/2/hi/business/8358227.stm)

High-level overview of article:
The eurozone economy has emerged from recession after growing between July and September, figures have shown.

Our take:
Yahhhh! It’s official. Will take a few months to hit Czech Republic as it is farther down the supply chain but it is coming.


Updated/Aktualizováno: ,

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