EU ministers press Czechs to cut budget gap faster

09.10.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

European Union finance ministers urged the Czech Republic on Tuesday to speed up its budget deficit cuts, refusing to extend a deadline to put...

...the shortfall below the bloc's ceiling beyond 2008.

"The council (EU ministers) adopted the recommendation on the Czech budget deficit," an EU diplomat said.

After it joined the EU in 2004, the Czech Republic agreed to reduce its deficit to beneath the bloc's cap of 3 percent of gross domestic product in 2008.

But Prague said early this year may miss the target.

Keywords: EU CZECH/BUDGET

[BRUSSELS/Reuters/Finance.cz]

Autor článku

 

Články ze sekce: Zpravodajství ČTK