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Article: CZECH REPUBLIC: BALANCE OF PAYMENTS IN SURPLUS DUE TO STRONG INFLUX OF FOREIGN INVESTMENT.(Brief Article)(Statistical Data Included)
- Article from:
- IPR Strategic Business Information Database
- Article date:
- September 16, 2001
CopyrightCOPYRIGHT 2001 Info-Prod (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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According to the Prague Pravo, dated 5th September 2001, the Czech economy experienced a major growth spurt in foreign investment over the second quarter of this year. The Czech National Bank released information regarding the influx of 54.4 billion korunas of foreign investment over April to June this year. The first quarter of this year noted Kc34.7 billion, which in total amount to a 6% rise over last year's figures. CNB predictions are expected to be below the actual amount, as data on investments are almost always understated. Another pleasing factor is the rise in the number of individual investments, as opposed to a single investment initiative. For example, ...