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European Commissioner Dombrovskis Is Heading to Prague. He Will Discuss with the Government Whether the EC Will Allow the Czech Republic to Have Higher Deficits
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In May, the government of Andrej Babiš (ANO) opened the way to potential deficits of up to 400 billion by amending the budget rules. Now, however, it faces negotiations with the European Commission on the release of the fiscal-structural plan, according to which the deficit should be 150 billion next year. According to Finance Minister Alena Schillerová (ANO), this is not possible. On Monday, European Commissioner for the Economy Valdis Dombrovs…
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