Cibrian: Czech economic growth could exceed 3 percent after EU entry

The head of the European Commission's delegation to Prague, Ramiro Cibrian, has said new EU members can expect a rise in growth rates after they join the EU. Speaking at an economic forum in Prague, Mr Cibrian said economic growth could exceed 3 percent in the first years after accession, expected in 2004. Analysts expect economic growth in the Czech Republic to reach 2.5 per cent by the end of this year.

Author: Rob Cameron