PragueConnect.cz - Economy

PragueConnect.cz is providing resources for English speaking Business Professionals living in, visiting, or interested in Prague and Czech Republic. Browse our latest Economy articles, if you have interesting content to share with our users, please feel free to contact us anytime to discuss with us possible publication on PragueConnect.cz!

Singer: Eurozone membership does not stimulate economic growth

According to ČNB Governor Miroslav Singer, it is impossible to deduce from the available data that the eurozone provides any substantial stimulus encouraging economic growth. Given the perspective of the Czech Republic’s potential eurozone entry, empirical data show that the eurozone and eurozone membership did not bring any observable benefits for economic growth before the crisis.

Source: www.cianews.cz