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„No Austerity Measures in the Czech Republic“
The Vienna Institute for International Studies underlines that the Czech Republic´s financial situation is very stable at the moment. Austerity policies would not be required.
„No Austerity Measures in the Czech Republic“ / Picture: © Wikimedia Commons / [Public Domain]
According to Peter Havlik at WIIW (Vienna Institute for International Studies), austerity policies in the Czech Republic would be counterproductive. The Czech Republic´s public finance would be still solid. Austerity measures would be recommendable rather in Hungary or in the Baltic States, he says.
WIIW´s economist Leon Podkaminer emphasized that the Czech Republic is will…
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