Czech parlt okays reform 2008 budget in first vote

23.10.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

The lower house of the Czech parliament gave an initial approval on Tuesday to the 2008 state budget draft that aims to bring the public sector...

...deficit into line with European Union fiscal rules.

The vote, in the first out of three required readings, locked in a 70.8 billion crown ($3.70 billion) central government deficit target for the next year.

The reduction from this year's projected 81 billion crown shortfall would slash the overall public sector deficit to 2.95 percent of gross domestic product (GDP), just below the EU's 3 percent threshold and down from this year's 3.6 percent.

[PRAGUE/Reuters/Finance.cz]

Autor článku

 

Články ze sekce: Zpravodajství ČTK