Czech coalition to run budget deficit to support growth


  • World
  • Friday, 13 Dec 2013

PRAGUE (Reuters) - The Czech Republic's next government will abandon efforts to balance the books but will keep its budget deficit below the EU's limit as it seeks to spur spending and economic growth, the man likely to be the next prime minister said on Friday.

Bohuslav Sobotka, whose Social Democrats are in coalition talks with centrist movement ANO and the Christian Democrats, said the three parties had agreed to target a fiscal gap below 3 percent of gross domestic product for the next four years.

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