Czech economy to grow slightly, VAT rates to stay

Czech economy should grow by several tenths of a percent, according to Finance Ministry’s latest forecast to be published Tuesday

Markets & Finance|Economy

Tom Jones | 30.01.2012

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Czech Minister of Finance Miroslav Kalousek (TOP 09)

Speaking on a political talk show on Sunday, Czech Minister of Finance Miroslav Kalousek (TOP 09) appeared comparatively upbeat about the prospects for the Czech economy in 2012. At the beginning of January, Kalousek spoke of planning to adjust government spending plans to accommodate a 2 percent decline in growth; now his ministry forecasts growth of several tenths of a percent.

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