Other topics within the nine sections include:

• Parliament votes to dismantle privatisation agency
• EC forecast GDP growth will remain flat in 2005
• Tax burden seventh highest in EU

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Benchmark PX50 Hits Record High

In terms of domestic forecasting, the Finance Ministry raised its estimate of GDP growth in 2005 to 3.8% from the previous estimate of 3.6%, and believes that the more rapid growth should allow for a ...

Stock Market Celebrates Most Successful Year to Date

The Czech army announced that it would end conscription after 140 years to implement a fully-professional NATO-type military. The change comes as no surprise after years of planning the transition and...

CSSD Fails to Win a Single Seat in Senate Election

The country recorded a foreign trade surplus of CZK3.18bn in September, representing the second largest surplus during 2004 and the highest September surplus recorded in the past ten years. Mainly an ...

Current Account Gap Increases By CZK20 Billion in One Month

Leaders of the three parties in the ruling coalition announced that they have reached a compromise on the draft state budget for 2005 through the approval of a new version of the budget with a deficit...