Czech Economy Outpaces EU Average but State Debt Rises Sharply
5 Articles
5 Articles
SAO: Despite a Decently Growing Economy, the Czech Republic's Debt Increased Significantly Last Year
The Czech economy grew faster than the EU average last year, but at the same time the state's debt has significantly deepened. The state debt has grown to 3.7 trillion crowns and spending on it has increased to 98 billion crowns. It has not been possible to eliminate the weaknesses that threaten the country's future competitiveness. The Supreme Audit Office (SAO) stated this on Monday in its opinion on the state's final account for last year. Th…
The Czech economy grew faster last year than the EU average, but at the same time the state's debt deepened significantly. The state debt rose to 3.7 trillion crowns and spending on it increased to 98 billion crowns. It was not possible to eliminate the weaknesses that threaten the country's future competitiveness. The Supreme Audit Office (SAO) stated this today in its opinion on the state's final account for last year. The office is required b…
The Czech economy grew faster than the EU average last year, but at the same time the state's debt deepened significantly. The state debt rose to 3.7 trillion crowns and spending on it increased to 98 billion crowns. It failed to eliminate weaknesses that threaten the country's future competitiveness. The Supreme Audit Office (SAO) stated this on Monday in its opinion on the state final account for last year.
The Czech economy grew faster than the EU average last year, but at the same time the state's debt deepened significantly. The state debt rose to 3.7 trillion crowns and spending on it increased to 98 billion crowns. It failed to eliminate weaknesses that threaten the country's future competitiveness. On Monday, it...
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