Current Account Deficit On the Decline in 2007

July 2007
Emerging Europe Monitor: Central Europe & Baltic States;Jul2007, Vol. 14 Issue 7, p7
Country Report
Country Report
The article presents an economic outlook for the Czech Republic, as of the first quarter of 2007. It states that the country's current account experienced a boost in the quarter, with quarterly surplus rising by 15.7 percent year-on-year. While exports of machinery and transport equipment slowed to 15.9 percent, exports of intermediate goods rose by 17. percent year-on-year. It is believed that the country faces the challenge of attracting greenfield investment over the coming years.


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