Sponsored Content
Czech Budget Deficit Lower than Expected
Politics ♦
Published: January 4, 2014; 12:16 ♦ (Vindobona)

Sponsored Content
In total, the Czech budget deficit will come at 2.0% of GDP. Before, the budget deficit was estimated to come at 3.4% of GDP.

According to the Czech Ministry of Finance, the budget deficit will remain below the expectations. Due to the austerity measures, the Czech budget deficit only totaled € 3.1bn in 2013. Initially, the Czech government has scheduled a target of € 3.75bn. Above all, spending was € 617m lower than scheduled. In 2013, the Czech government cut social benefits and investments in…
or Log In
Sponsored Content
Sponsored Content
Sponsored Content
Fast News Search
Related News
Czech Economy to Return to Growth (January 2, 2014)
Austrian Public Debt Reaches New High (December 30, 2013)
Hungary: Best Economic Outlook since 2002 (December 28, 2013)
„CESEE No Driver Yet“ (December 23, 2013)
Stable Outlook for CESEE Banking Industry (December 19, 2013)
Sponsored Content
Read More
Featured