Billionaire Leader Brings Debt-Driven Spending to Frugal Czechs
The Czech Republic, one of the last major holdouts of the era of spiraling government debt, is embarking on an unprecedented spending spree just as the costs of borrowing surge.
By Peter Laca · Bloomberg Markets
The Czech Republic, one of the last major holdouts of the era of spiraling government debt, is embarking on an unprecedented spending spree just as the costs of borrowing surge.