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B. Sobotka: Government improved drawing of EU funds

Czech Republic is the second fastest growing economy in the EU with y/y GDP growth estimated at 4.3% in 2015, Prime Minister Bohuslav Sobotka has commented on the results of the survey announced by the European Commission. According to the PM, Czech government managed to improve the drawing from EU funds, which contributes significantly to GDP formation. The result was influenced also by the government’s pro-investment policy. The PM predicts that unemployment rate will drop to as low as 5% in 2016.