Economists suggest the longest recession in modern Czech history may be
over. The results of the second quarter, which are to be officially
announced on Wednesday, reportedly indicate a GDP growth of 0.6 percent
quarter-on-quarter. In the first quarter of this year the economy
contracted by 1.3 percent Q/Q, the steepest drop since the recession
started. According to analysts the recession, which lasted for six
straight
quarters, is over but the economy may continue to feel the after-effects
for another 18 months.