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The Czech Republic

Author

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  • Odette Andreea Marinache

Abstract

According to the recent analysis of the European Commission, the economy of the Czech Republic has recorded an accelerated growth in 2015, due to the sustained growth of productive investments, especially those financed by the European Union's programs, and also as a result of the revival of public and private consumption. For 2016 and 2017, the experts of the European Commission forecast a slowdown of the economic growth, having as a main cause a drastic reduction in the pace of productive investments, as a result of the completion of the investment programs financed through European funds. The budget deficit is estimated to remain below 1% of GDP during this period

Suggested Citation

  • Odette Andreea Marinache, 2016. "The Czech Republic," Conjunctura economiei mondiale / World Economic Studies, Institute for World Economy, Romanian Academy, pages 132-134.
    • Handle: RePEc:iem:conjun:y:2016:p:132-134
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