Election monitoring


CZECH REPUBLIC

The country on the eve of elections

The Czech Republic experienced a major crisis towards the end of the 1990s, with a series of banks going bankrupt; since then, the country has gone through a phase of recovery, sealed in 2004 by its entry into theEuropean Union. Although it is considered an exemplary case of successful transition from a Socialist system to a market economy, the country is still experiencing some problems, from high levels of corruption to the current account and budget deficit.


 

CZECH REPUBLIC

The country on the eve of elections

The Czech Republic experienced a major crisis towards the end of the 1990s, with a series of banks going bankrupt; since then, the country has gone through a phase of recovery, sealed in 2004 by its entry into theEuropean Union. Although it is considered an exemplary case of successful transition from a Socialist system to a market economy, the country is still experiencing some problems, from high levels of corruption to the current account and budget deficit.


 

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