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PURSE: State should tighten the belt, say critics.
(From The Slovak Spectator)
Continued from pg 1
"There will be no changes in our social programmes," Smal added.
Higher deficit should be
last resort: analyst
"Inflating the deficit should be the last resort for saving the economy in the event of a threatened recession," Peter Golias, an analyst with the economic think-tank INEKO, told The Slovak Spectator. "Nothing like this is threatening Slovakia, with growth predictions moving at between 3 and 5 percent."
According to Golias, the government should cut expenses and continue lowering the deficit.
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