OECD: Czech GDP to fall by 4.2 percent this year

Czech gross domestic product should fall by 4.2 percent this year, according to a new report by the Organisation for Economic Co-Operation and Development. The OECD says the Czech economy should return to growth in 2010, predicting a rise of 1.4 percent next year. The Czech Republic is heavily dependent on exports and the main markets for its products are in recession.