Reuters revealed that the Czech Republic’s finance minister aims to keep next year’s budget deficit target below this year’s plan — after a report last week showed a higher gap — to help bring the fiscal gap within European Union limits by 2024. The war in Ukraine has led to a downturn in growth in the central European country, as well as more spending on defence and aid for hundreds of thousands of refugees. Inflation is compounding pressure on the ruling coalition for more spending.
Economy
10 June 2022, 5:14 pm. 1 minute
Article Tags
Topics of Interest: Economy
Type: Reuters Best
Sectors: Economy & Policy
Regions: Europe
Countries: Czech Republic
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story
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