Tuesday, 17 October 2017

ČSSD will avoid 'hasty' savings, spur growth

Business Week/Bloomberg |
20 May 2010

The Social Democrats, who lead in opinion polls 10 days before general elections, will avoid "hasty" budget savings if they form the next government, the party leader Jiří Paroubek said. "If we cut budget spending now to a maximum, limit welfare payments, take away money from families with small children, if we simply make a hasty savings action, the economic crisis will return in some form," ČSSD leader told a party economic conference in Prague Wednesday.