ASSESSMENTS

Economic Challenges to a New Czech Prime Minister

Jun 18, 2013 | 15:50 GMT

Economic Challenges to a New Czech Prime Minister
Czech President Milos Zeman (L) accepts the resignation of Prime Minister Petr Necas on June 17 in Prague.

(MICHAL CIZEK/AFP/Getty Images)

Summary

Czech Prime Minister Petr Necas announced his resignation June 16 amid mounting allegations of corruption and spying against his office manager and a close aide. Whoever takes over in Prague must address the slowdown of the Czech Republic's export-oriented economy. Doing so will require prioritizing economic ties with Russia in light of the weakness of European markets.

Whoever takes office will have to diversify the country's export markets, which means deeper ties with Russia....

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