Public finance deficit fell to 2.69% of GDP in 2006

The Czech Statistical Office (CSU) has released information indicating that the Czech public-spending deficit fell to 2.69% of GDP in 2006 as opposed to 3.49% in 2005. According to the CSU, the Czech public-finance deficit fell year-on-year by 17.4 billion CZK to 86.9 billion CZK in 2006. The figure is now below the crucial 3% limit set for euro adoption.