Czech economy to stagnate or grow marginally in 2012

Finance Mininstry warns in its latest quarterly economic forecast that downward revisions of growth forecast could follow

Markets & Finance|Economy

Tom Jones | 31.01.2012

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In its latest quarterly macroeconomic forecast, the Czech Ministry of Finance says the Czech economy should stagnate or grow by up to 0.2% in 2012. The ministry, however, warns that due to the highly uncertain situation in the Eurozone, the forecast is tentative and thus a downward revision is quite possible. At the same time the ministry released preliminary key figures for 2011.

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