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(From Access Czech Republic Business Bulletin)
Czech Republic: The Minister of Finances Mr. Eduard Janota plans cuts in expenditures to keep the deficit of the state budget on the level of CEK 165 bil in 2010. This is a historically record deficit. If the economy measures of Mr. Janota are not realized, the state budget deficit will be CEK 220 bil in 2010. The state budget deficit for Jan-May 2009 was CEK 71.4 bil. Mr. E. Janota ...