Prague generates over 20% of the national gross domestic product and double the average of the whole country is attributable to it in per capita terms. In addition to Czech businesses a number of foreign companies operate in the city and their business interests spread in all directions throughout the continent. The favourable investment climate is also confirmed by the city's 'A' rating by Standard and Poor's. The services sector has grown significantly while the percentage of manufacturing industries is decreasing. In addition to business services (finances, real estate market, information technologies, consulting, advertising, etc.) and services for individuals (primarily retail), the tourist industry holds an exceptional position in Prague. The city has a well-diversified, highly industrial economy. Main products are metals and machinery, aircraft engines, automobiles (Volkswagen AG), diesel engines, machine tools, refined oil products, electronics, beer, chemicals, and food.
See also http://www.worldbigcities.com/Prague.htm
Bohemia is the old name for part of what is now the Czech Republic. The currency of the Czech Republic is the Czech koruna (Czech: korun českých, abbreviation: CZK), divided into 100 haléřů.
The monetary system of the Czech Republic is decimal based, with the unit of Czech money being called the Czech Koruna (Korun is the plural form.) The Czech Republic is expected to join the European Union in 2010. The names and relative values of the coins are: * Fifty Haleru - (50/100 or 1/2 Koruna) * One Koruna -(1 Koruna) * Two Korun - (2 Korun) * Five Korun - (5 Korun) * Ten Korun - (10 Korun) * Twenty Korun - (20 Korun) * Fifty Korun - (50 Korun)
Yes, the traditional economic activities are the same as the ealy economic activities.
yes
The currency "koruna" is used in the Czech Republic, where it is known as the Czech koruna (CZK). The term "sto korun" translates to "one hundred korun." The Czech koruna has been the official currency since 1993, following the split of Czechoslovakia into the Czech Republic and Slovakia.
Foreign investment
Brno is located in the Czech Republic. It is the second largest city in the country and serves as a cultural and economic hub in the region.
Yes, you will need a visa to visit the Czech Republic if you are not a citizen of a country in the European Union, European Economic Area, or Switzerland.
Absolutly! The Czech Republic is loosing money, people and food because of their poor economic system. Bridget says that the endangered dolphins are suffering too. This is a bad time for Czech.
Czech Republic, Poland, Hungary, and Slovenia
Prague is the capital of the Czech Republic.
Prague is the capital and largest city in the Czech Republic.
EuropeThe Czech Republic is in Europe.EuropeThe Czech Republic is part of Europe.
the government of the Czech Republic introduced reforms and gave back land to private citizens via mass privitization.
No, the Czech Republic is not communist. The Czech Republic is a parliamentary democracy.
"Czech republic" is NOT an abbreviation. It's just the republic of Czech.
The Czech Republic is a parliamentary republic.