Czech Government Attempts to Stimulate Growth

Politics ♦ Published: October 13, 2012; 14:52 ♦ (Vindobona)

On the one hand, the Czech government deepens the austerity measures. On the other hand, growth-stimulating investments should be initiated.

Czech Government Attempts to Stimulate Growth / Picture: ©

In total, the Czech government has discussed 80 measures to stimulate economic growth and cut public expenses. Besides investments in renewable energy projects, technical education and transport infrastructure, bureaucracy should be cut. Furthermore, export support programs will be implemented. Prime Minister Petr Necas underlined that these measures should boost innovation, employment…