European Commission forecasts Czech Rep economy will remain strong despite slight slowing down in growth

In its latest economic forecast the European Commission has rated as strong the Czech Republic's economic growth, 4.8 percent this year. According to the forecast the Czech economy will remain strong in the years 2006 and 2007, but growth will decelerate somewhat - to a predicted 4.3 percent by 2007. According to the commission, growth until now has been spurred by vigorous exports.