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Czech Republic

Inside this issue

• Investors worldwide are fascinated by the city’s strikingly beautiful architecture

• Czech car makers should be less affected than others, since their production focuses on smaller vehicles - -

Content

A proud but prickly regional player

The next holder of the EU presidency enjoys a skilled workforce, excellent infrastructure and stable growth, writes Jan Cienski

Economy: Dependence on car exports leaves the country exposed

In spite of solid banks, contagion from the global crisis is unavoidable, finds Jan Cienski

Real estate: Blossoming market shrinks back from the chill

Katka Krosnar finds projects frozen or cancelled as banks and buyers become nervous

Car manufacturing: Plunges in demand put brakes on a speeding industry

Katka Krosnar on the prospects for the economy’s driving force

NWR: Faith in good old fashioned tangible assets

Jan Cienski profiles a coal company that was happily cautious about debt