July 2005
Emerging Europe Monitor: Central Europe & Baltic States;Jul2005, Vol. 12 Issue 7, p6
Country Report
Country Report
The article presents information related to political risk, economic risk and business environment in Czech Republic. Despite Prime Minister Jiri Paroubek threatening to ban his official foreign trips, President Vaclav Klaus was quick to label the new EU constitution history after the French non on May 27, 2005. The Czech National Bank has left interest rates at a record low of 1.75% in May 2005, as a result of stable inflation levels in April 2005. The government plans to make businesses liable for the first two weeks of an employee's sick pay, cutting down on what is considered widespread abuse of the system.


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