Prague region has 172 percent of average EU wealth

Prague is the sixth richest region in the whole of the European Union and clearly the wealthiest locality in Central and Eastern Europe according to figures released by the EU’s statistics. It said the region’s Gross Domestic Product reached 172 percent of the EU average. The Czech capital is only exceeded in terms of wealth by Hamburg, the Dutch city of Groeningen, Brussels, central London and Luxembourg. The poorest region in the Czech Republic straddles the Karlovy Vary and Ústi regions with an average 62 percent of EU average wealth.

Author: Chris Johnstone