November 2009
Emerging Europe Monitor: Central Europe & Baltic States;Nov2009, Vol. 16 Issue 11, p6
Country Report
The article offers news briefs on the political, economic, and business risks in Czech Republic. The Czech Social Democratic Party (CSSD) objects on the proposed plan of the government to increase tax and lessen government spending by threatening the passage of the state budget for 2010. The revision of the external debt by reducing liability has increased the rate of economic risk. Teva Pharmaceutical Industries Ltd. of Israel decided to shut down its factories by the end of 2009.


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