Click on a label to read posts from that part of the world.
The New Europe: Prague now one of EU's richest regions
If you visited Prague fifteen years ago, you probably didn't think it was on its way to becoming one of the richest regions of the entire EU. Prague now ranks No 12 among all EU regions. Tourism, of course, is partially responsible for the vast influx of cash.
The development of Prague has been fast and steady. Unfortunately, the development hasn't really affected other areas of the country. Prague is becoming, much like London, its own state. Per capita gross domestic product (GDP) in the Czech capital is 60 percentage points higher than the European average (EU=100), however, other Czech regions are below 75 percent of the EU average and are therefore regarded as developing, which entitles them to subsidies from European funds, Prague Daily Monitor reports.
To sample the "real" Czech culture--not the one diluted by excessive tourism--it is becoming necessary to venture out of Prague.
| Wealthiest regions of the European Union | per capita GDP in pct |
| Inner London (UK) | 303 |
| Luxembourg (Luxembourg) | 264 |
| Bruxelles-Cap. / Brussels Hfdst. (Belgium) | 241 |
| Hamburg (Germany) | 202 |
| Wien (Austria) | 178 |
| Ile de France (France) | 173 |
| Stockholm (Sweden) | 172 |
| Berkshire, Buckinghamshire & Oxfordshire (UK) | 168 |
| Oberbayern (Germany) | 166 |
| Groningen (Netherlands) | 164 |
| Hovedstaden (Denmark) | 161 |
| Praha (Czech Republic) | 160 |
| Utrecht (Netherlands) | 158 |
| Southern & Eastern (Ireland) | 158 |
| Darmstadt (Germany) | 158 |
Filed under: Europe, Czech Republic, News
