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Czech Ministers Agree on Steps to Narrow Budget Gap, CTK Says

Czech ministers whose portfolios relate to the economy agreed today on measures to narrow next year’s budget deficit, the state-run CTK newswire reported, citing an unidentified person.

Agreeing on budget steps is a condition set by Prime Minister Petr Necas for preserving the three-party ruling coalition, the newswire said. The deal must be confirmed by the leaders of the three ruling parties at a meeting later today, it said.

To contact the reporter on this story: Peter Laca in Prague at placa@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net

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