Czech government will probably spend more

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/FP
Possible social-democratic government of the Czech Republic is planning to end austerity policy that began with current government, as Social Democrats are likely to win elections in October. Austerity measures taken by current government made bond yields go down, but cut the growth perspectives of the county, as the Czech Republic could be the only economy in Eastern Europe to decline this year.
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