Czech Republic

IMF corrects growth forecast upwards – Statista

Katharina Buchholz for Statista July 31, 2025

Despite uncertain market conditions amid the Trump administration's tariff regime and major global conflicts, the International Monetary Fund has upped its global economic growth forecasts for 2025 and 2026 slightly, Statista reported on July 30.

Polish Prime Minister Donald Tusk said there are signs Russo-Ukraine war could stop soon as fatigue builds

Ben Aris in Berlin July 31, 2025

Polish Prime Minister Donald Tusk said on July 30 that there are “many signs” that suggest the war in Ukraine may soon be at least temporarily halted but warned that even a ceasefire would not change Poland’s policy of building up its army.

ING: Household spending and investment drive the Czech economy

David Havrlant chief Czechia economist for ING July 30, 2025

Continued gains in household spending and a rebound in investment in 2Q provide a solid base for an economic recovery. GDP growth came in below expectations and was dragged down by a negative net export contribution.

Czech central banker sees limited scope for more rate cuts

bne IntelliNews July 30, 2025

The Czech National Bank (CNB) governor Jakub Seidler says he sees “limited scope” for more rate cuts due to persistent services inflaton, Reuters reported on July 30.

Trump Administration's trade deals so far - Statista

Katharina Buchholz for Statista July 29, 2025

On July 27, the United States and the European Union agreed on a trade deal that is lowering tariffs of 30% on European goods threatened by August to 15%, including on cars.

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