The Czech Republic, also known by its short-form name, Czechia, is a landlocked country in Central Europe bordered by Germany to the west, Austria to the south, Slovakia to the east and Poland to the northeast. It is a unitary parliamentary republic, its capital and largest city is Prague. The Czech Republic has a developed, high-income export-oriented social market economy based in services, manufacturing and innovation, that maintains a welfare state. The Czech Republic participates in the European Single Market as a member of the European Union and is therefore a part of the economy of the European Union.
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