2005 budget approved

15-12-2004

The 2005 budget has been approved. All 101 coalition MPs were present for Wednesday's vote, ensuring it was passed by the 200-seat lower house. The budget envisages a deficit of over 80 billion Czech crowns (2,700 million euros). It now has to be signed by the president. The Civic Democrats criticized the budget, saying it would not foster growth and meant the country was living in ever more debt.