Czechs Won’t Boost GDP With State Spending, Hospodarske Reports

The Czech government won’t boost economic growth by increasing state spending, Hospodarske Noviny reported, citing Finance Minister Miroslav Kalousek.

Economic prosperity can’t be based on short-term growth financed by debt, the newspaper cited Kalousek as saying in an interview.

To contact the reporter on this story: Peter Laca in Prague at

To contact the editor responsible for this story: Balazs Penz at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.