Czech budget not under control, c.banker quoted saying

20.09.2006 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

PRAGUE, Sept 20 (Reuters) - Czech state finances are not under control and the country should start discussing a new euro entry strategy after a plan aiming at 2010 was not followed, daily Mlada fronta Dnes quoted central bank board member Michaela Erbenova as saying.

Erbenova said discussing a new entry date did not make sense until there is a change in the system of healthcare, pensions and overall public sector finances.

"State finances are not under control at this moment," the daily quoted Erbenova as saying.

"The time has come to seriously discuss a new strategy on the euro," she said. ((Reporting by Jan Lopatka, editing by Andrew Callus; prague.newsroom@reuters.com; Reuters Messaging: jan.lopatka.reuters.com@reuters.net; +420-224 190 474))

Keywords: ECONOMY CZECH EURO

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