Czech Republic Location:
49°45'N, 15°45'E
Bermuda Geography:
The Czech landscape is quite varied; Bohemia to the west consists of a basin, drained by the Labe (German: Elbe) and Vltava rivers, surrounded by mostly low mountains such as the Sudetes with its part Krkonoše, where one also finds the highest point in the country, the Snežka at 1,602 metres (5,256 ft). Moravia, the eastern part, is also quite hilly and is drained predominantly by the Morava river, but also contains the source of the Odra (German: Oder) river. Water from the landlocked Czech Republic flows to three different seas: the North Sea, Baltic Sea and Black Sea. The Czech Republic also possesses a 30,000 m2 exclave in the middle of the Hamburg docks which was awarded to Czechoslovakia by Article 363 of the Treaty of Versailles to allow the landlocked country a place where goods transported downriver could be transferred to seagoing ships; this territory reverts to Germany in 2018.
Czech Republic People:
Population
- 20062 estimate 10,287,189 (77th)
- 2001 census 10,230,060
- Density 130 /km2 (77th)
337 /sq mi
Czech Republic Government:
Government Republic
- President Václav Klaus
- Prime Minister Mirek Topolánek
The Czech Republic is a pluralist multi-party parliamentary representative democracy, where the Prime Minister is the head of government. The Parliament is bicameral, with the Chamber of Deputies (Czech: Poslanecká snemovna) and the Senate.
Czech Republic Economy:
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 2000-2001 was led by exports to the European Union, especially Germany, and foreign investment, while domestic demand is reviving. The rate of corruption remains one of the highest among OECD countries.
Fiscal deficit is becoming a problem, with the 2007 deficit estimate having been recently raised to 4.0% of GDP from 3.3% previously. The government is currently looking over several reform plans to cut the deficit to 3.0% (required for Euro adoption by the Stability and Growth Pact).
Moves to complete banking, telecommunications, and energy privatisation will add to foreign investment, while intensified restructuring among large enterprises and banks and improvements in the financial sector should strengthen output growth. The government has recently agreed to the sale of a 7.0% stake of CEZ, the energy producer.
The country is scheduled to fully implement the Schengen Agreement and therefore abolish the border controls with all of its neighbours (Germany, Austria, Poland, Slovakia) as of 31 December 2007.
The last Czech government had expressed a desire to adopt the euro in 2010, but the current government has postponed it due to budget deficits. An exact date has not been set up, but the Finance Ministry described adoption by 2012 as realistic[7] if public finance reform passes.
Czech Republic More Information:
http://en.wikipedia.org/wiki/Czech_Republic | 
