Competitiveness

This section feature research, opinion and progress reports on how the Czech Republic compares to other EU countries economically. It includes analysis of international rankings such as the WEF and World Bank.

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Spotlight issue

3rd August 2014 / Competitiveness / Macroeconomic Indicators, Economic Growth

Competitiveness: Czech economy is to grow faster

According to the newest prediction of Ministry of Finance the Czech economy in theyear 2014 should grow by 2.7 %. That is 1 % higher than its previous estimate and it is mainly affected by real economic growth of 0.8 % in the first quarter of this year. According to the Ministry this was caused by t...

1st July 2014 / Competitiveness / Macroeconomic Indicators, Economic Growth

Competitiveness: IMF estimates and Czech economic growth

On Monday IMF published its estimate of economic growth for the Czech Republic for the years 2014 and 2015 during the press conference after this year’s round of annual consultations between IMF and the Czech Republic as a member state of IMF. IMF estimates that Czech GDP should grow by 2.5 % this y...

30th June 2014 / Competitiveness / Trade and Investment

Competitiveness: Czech Republic signs an agreement with Korean firm Nexen

Czech Republic gained investment of 22.8 billion CZK from Nexen Tire, the third-biggest investment in the country’s history. The investment will go into construction of a tire factory in the Triangle industrial zone near Žatec in the Ústí region. New factory, with an estimated volume of six million ...