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Q3 current account gap highest in CzechRep's new history.
(From Czech News Agency)
PRAGUE, Dec 4 (CTK) - Czech current account gap in the third quarter was the highest since the establishment of the independent Czech Republic but despite this the inflow of capital was sufficient to cover it, in particular thanks to foreign direct investments which reached a record Kc236bn.
The Czech Republic thus holds the first position in per capita foreign direct investments among central and east European countries despite the continuing world recession.
The financial account, on the other hand, showed a surplus of Kc91.68bn, against last year's Kc18.41bn, and thus easily covered the current account deficit worth …
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