The current Economic event happening in Czech Republic is "Lubomir Zaoralek suggested that English speakers referring to it as Czechia. Wisaecres noted that it might have been better to have made the decision earlier. This event happened in Czech Republic on April 12th 2016. Lubomir Zaoralek suggested the change in name. Wisaecres noted that it might have been better to have made the decision earlier, the uniforms for the athletes in the summer Olympics are already emblazoned with the name Czech Republic. The announcement caused backlash and confusion. This article seems important because it is a whole new name for an older country. Well it makes me say that because when you change the name of a country it could have a lot of disagreement but for Czech more people agree. I support this information because in the article it says "it's a bit of a relief that the country changed its name" it also said in the article that some countries break apart and that it was a relief Czech Republic changed it's name.