• Purchasing Managers’ Index in the US industry increased to 54.7 in March thus overcame market estimate of 51.2.
• Czech engineering companies are making record investments and this boom could, according to their managers, last for several years, as stated in today’s Hospodarske noviny daily.
• Unemployment in Germany in April declined under 4m persons which is the lowest number for the last four and a half years.
• Venezuela wants to step out of World Bank and International Monetary Fund immediately.
According to president Chavez, WB and IMF are only conserving poverty in the world instead of lowering it.
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According to Jones Lang LaSalle study, Prague is a sixth most popular tourist attraction in Europe while foreign demand is dominating. The situation should even improve in the future thanks to expected economy revival in Germany or Italy.