Economic Growth Below 6% In 2008

February 2008
Emerging Europe Monitor: Central Europe & Baltic States;Feb2008, Vol. 15 Issue 2, p1
Country Report
The article reports that the economic performance of the Czech Republic is expected to grow, due to high investment and consumer demand and will remain healthy until 2012. By year-end 2008, economic growth is expected at 5.2%, averaging 4.7% until 2012. Risks to economic growth will be limited and will probably be due to the slowdown of the world economy and limited availability of credit. According to the article, banks will have to borrow from the international capital market and this might be detrimental to the country's economic growth.


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