Czech On Progress

October 2006 | Ratings Update

In the BMI Business Environment Ranking matrix, the Czech Republic receives a higher composite score of 34, which ranks the country fourth out of 12 states included in the CEE region. The overall business environment can be considered fairly attractive in a regional context, thanks largely to low levels of perceived economic and political risk, plus a better-than-average regulatory regime. There is very little in the way of domestic upstream oil or gas resources, which limits the Czech Republic's appeal to IOCs. However, the fuels market is growing relatively quickly, with EU membership stimulating both privatisation and

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