Main Content

ANALYSIS: Will Czech economy withstand 2nd recession?

  • 17.08.2011
  • By Petr Holub - aktualne.centrum.cz
crowns

New data on economic growth in EU shows that the European economy is slowing once again. It also appears that Czechs would be hit by an imminent Recession 2.0 more than they were by the 2008/9 slump.

The first crisis reached its bottom in spring 2009, and the subsequent recovery lasted two years. In that period, half of EU economies managed to undo the economic...

blog comments powered by Disqus