Czech deputy Niedermayer says economy set to slow

The pace of economic expansion in the Czech Republic will decline in 2008, Ludek Niedermayer, a deputy governor at the Czech National Bank, warned on Wednesday.

"The economy will slow [in 2008]. For the time being I expect growth to be between 4% and 5% though, based on the latest data, the slowdown could be even greater," Niedermayer told E15, a Czech newspaper.

Last year the economy grew by 6% in the first two quarters, according to World Bank estimates.

However, in spite of falling growth t

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: