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Business Opportunities In The Czech Republic

With current UK economic uncertainty now would be a good time to look elsewhere and explore opportunities in foreign markets. Central and Eastern European countries could offer some attractive possibilities. Ross Welland of Horwath Clark Whitehill and Jan Lamac of TPA-NOTIA Prague consider the Czech Republic as a location for cross-border expansion
The Czech Economy
In 2001 the GDP rose by 3.6% and inflation was at 4.7%. Due to weaker external demand for 2002 the GDP growth is expected to decline to 2.9% and inflation to 2.2% (source: Czech national bank). In 2003 if the German economy recovers and forecasts based on strong private consumption and increasing investment prove to be accurate the economy should grow by more...
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