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!

ČNB: Balance of payments’ current account CZK 33bn in the black in February

Due to the active balance of goods and services, the Czech Republic’s balance of payments’ current account ended in the black, totalling CZK 33bn. The balance of primary revenues was active in the volume of CZK 8.5bn. Primary and secondary revenues include an active balance of transfers from the EU budget to the Czech Republic in the amount of CZK 7.8bn. The year-long active balance of the current account has been slowing increasing in recent months.

Source: www.cianews.cz