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| Parliamentary elections in Czech in 2002: Economic Climate |
| HITS: 781 | 14-04-2005, 04:41 | Comments: (0) | Categories: Czech Republic , Political science | |
Over the previous 4 years foreign investment in the Czech economy grew as large firms including breweries and utilities such as gas distribution companies were sold abroad. Large hypermarkets were appearing, although they have not yet proliferated to the same level as in Poland. But, as foreign supermarket chains are offered tax breaks (similar to those in Poland) to enter the Czech market their presence can only increase. By the end of 2001 there was no major bank in the Czech Republic not controlled by a large Western banking group. |
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