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Economic forecast for 2015: a year of fiscal and monetary expansion

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Economists are forecasting a good year for the Czech economy in 2015 with a predicted growth of 2.5% as the economic recovery gains momentum. Supportive financial conditions, government spending, rising confidence and stronger incomes are expected to strengthen domestic demand giving the economy fresh impetus. According to economic experts GDP growth should be at around 2.5% and inflation should start out at around zero and not exceed 1.0%.

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