1. FDI inflow in ČR down by half at CZK 47bn in H1
(http://praguemonitor.com/2009/11/04/fdi-inflow-%C4%8Dr-down-half-czk-47bn-h1)
High-level overview of article:
The inflow of foreign direct investments (FDI) in the Czech Republic fell by about a half to Kc46.6bn in H1 this year, compared to Kc90bn a year ago, according to an analysis of the development of the domestic economy released by the Industry and Trade Ministry.
Our take:
Investors are painting Czech Republic with the same paint brush as other CEE economies which are not performing as well. Next news item gives the view of an enlightened chap.
2. Almunia: ČR has better economic foundations than states in region
(http://praguemonitor.com/2009/11/12/almunia-%C4%8Dr-has-better-economic-foundations-states-region)
High-level overview of article:
Foundations of the Czech economy are better than in most other countries in the region and its growth potential is higher than the EU average, European Monetary Affairs Commissioner Joaquin Almunia told journalists yesterday.
Our take:
Yaaah! Someone who also thinks future is bright for Czech Republic and he can’t be called biased like we are. Unless he also is receiving briefcases of money from Czech governments new stimulus package….
3. Mortgage payments higher than rent
(http://ekonomika.ihned.cz/c1-38960410-najemni-bydleni-valcuje-hypoteky)
High-level overview of article:
There is a new reality on the Czech property market – the market rent is substantially less than the mortgage payment. This applies to all flats in big cities.
Our take:
This is great for those owners with existing rental properties. Rents and rental demand is increasing!
Updated/Aktualizováno: July 22, 2014,