REFILE-Czech Dep FinMin says 2007 eurobond still possible

11.04.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

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PRAGUE, April 11 (Reuters) - The Czech Republic may still decide to issue a eurobond in 2007 as the local market has become saturated with growing state debt issuance, Deputy Finance Minister Eduard Janota said on Wednesday.

He also told reporters in the halls of parliament that the ministry has yet to decide what to do on the eurobond issue to date.

He said that the government's target of a public fiscal gap of 4 percent of gross domestic product this year could be breached is tax revenues lag the current plan and spending increases because of tapping government reserve funds.

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