Political pressure groups and leaders:
Bohemian and Moravian Trade Union Confederation [Milan STECH]
International organization participation:
ACCT (observer), Australia Group, BIS, CE, CEI, CERN, EAPC, EBRD,
EIB, EU (new member), FAO, IAEA, IBRD, ICAO, ICC, ICCt (signatory),
ICFTU, ICRM, IDA, IEA, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC,
IOM, ISO, ITU, MIGA, MONUC, NATO, NEA, NSG, OAS (observer), OECD,
OPCW, OSCE, PCA, PFP, UN, UNAMSIL, UNCTAD, UNESCO, UNIDO, UNITAR,
UNMEE, UNMIK, UNMIL, UNOMIG, UPU, WCL, WCO, WEU (member affiliate),
WFTU, WHO, WIPO, WMO, WToO, WTO, ZC
Diplomatic representation in the US:
chief of mission: Ambassador Martin PALOUS
chancery: 3900 Spring of Freedom Street NW, Washington, DC 20008
consulate(s) general: Los Angeles and New York
FAX: [1] (202) 966-8540
telephone: [1] (202) 274-9100
Diplomatic representation from the US:
chief of mission: Ambassador William J. CABANISS
embassy: Trziste 15, 11801 Prague 1
mailing address: use embassy street address
telephone: [420] (2) 5753-0663
FAX: [420] (2) 5753-0583
Flag description:
two equal horizontal bands of white (top) and red with a blue
isosceles triangle based on the hoist side (identical to the flag of
the former Czechoslovakia)
Economy Czech Republic
Economy - overview:
One of the most stable and prosperous of the post-Communist states,
the Czech Republic has been recovering from recession since
mid-1999. Growth in 2000-03 was supported by exports to the EU,
primarily to Germany, and a near doubling of foreign direct
investment. Domestic demand is playing an ever more important role
in underpinning growth as interest rates drop and the availability
of credit cards and mortgages increases. High current account
deficits - averaging around 5% of GDP in the last several years -
could be a persistent problem. Inflation is under control. The EU
put the Czech Republic just behind Poland and Hungary in
preparations for accession, which will give further impetus and
direction to structural reform. Moves to complete banking,
telecommunications, and energy privatization will encourage
additional foreign investment, while intensified restructuring among
large enterprises and banks, and improvements in the financial
sector, should strengthen output growth. Nonetheless, revival in the
European economies remains essential to stepped-up growth.
GDP:
purchasing power parity - $161.1 billion (2003 est.)
GDP - real growth rate:
2.9% (2003 est.)
GDP - per capita:
purchasing power parity - $15,700 (2003 est.)