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<channel><atom:link href='https://english.radio.cz/rcz-rss/show/audio/8555156' rel='self' type='application/rss+xml' /><pubDate>Thu, 01 Jan 1970 01:00:00 +0100</pubDate><lastBuildDate>Thu, 23 Jul 2026 17:49:31 +0200</lastBuildDate><title>Business analyst: government’s austerity plans should not undercut growth</title><link>https://english.radio.cz/business-analyst-governments-austerity-plans-should-not-undercut-growth-8555156</link><copyright>© 2026 Radio Prague International</copyright><description> The government on Wednesday approved far-reaching austerity plans to gradually lower the gap in public finances to well below 3 percent of the GDP. The strategy combines savings and tax hikes that are expected to impact all strata of society. Radio Prague asked business analyst David Marek whether such extensive austerity measures were called for and who would bear the brunt of the fiscal reform. </description><language>en</language><managingEditor>cr@radio.cz (Cesky Rozhlas)</managingEditor><webMaster>webmaster@radio.cz (CRo Webmaster)</webMaster><image>
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        <title>Business analyst: government’s austerity plans should not undercut growth</title>
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