Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Czech Premier Says Deficit Would Double If EU Stops All Funds

The Czech public-finance deficit would double to as much as 6 percent of economic output if the European Union withheld all funding payments the state budget is based on, Prime Minister Petr Necas said.

The EU has asked Prague to take corrective measures in management and control systems related to the use of its funds before it resumes payments to Czech programs, Jose Manuel Barroso, European Commission president, said at a joint news conference with Necas in Brussels today.

Necas’s Cabinet plans to narrow the deficit to 3 percent of gross domestic product this year, from 3.1 percent in 2011.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.