EC forecast: Czech economy to grow by 4.3 percent in 2015

The Czech Republic’s economy should grow by 4.3 percent in 2015, compared to last year’ two percent, according to a newly released macro-economic forecast by the European Commission. The solid growth is expected to drop sharply to 2.2 percent in the following year. The European Commission attributes the uneven growth to a slowdown in drawing of EU funds in 2016. According to the prognosis, economic growth should increase again to 2.7 percent in 2017.

Author: Ruth Fraňková