Aktualne.cz: Czech cabinet approves extremely tough budget cuts

The Aktualne.cz news server writes that the Czech government on Monday decided on extensive cuts in the state budget for the next three years on top of approving a package of tax reforms. According to the server, the government decided to cut by a quarter the budget spending on motorway construction, approved a freeze on spending in almost all budget areas, set down strict limits on pension increases and healthcare subsidies as well as spending on research. Finance Minister Miroslav Kalousek however told the CTK news agency that the document approved on Monday is not a final version.