Thu, 01 Jan 1970 01:00:00 +0100Sat, 25 Jul 2026 05:55:19 +0200https://english.radio.cz/coronavirus-underscores-advantages-disadvantages-czech-economy-being-most-8684727© 2026 Radio Prague International The lower house of parliament on Tuesday approved a rise in the 2020 central state budget deficit to a record 500 billion crowns, in the first of three scheduled readings. That figure, equivalent to around 9 percent of projected GDP, is more than 12 times the deficit agreed before the coronavirus pandemic. Will it be sufficient to shore up the economy, projected to contract by 8 percent already this year? And is the country over reliant on the automotive industry? encr@radio.cz (Cesky Rozhlas)webmaster@radio.cz (CRo Webmaster) https://english.radio.cz/sites/default/files/images/koronavirus_pokles1.jpg?timestamp=1591872599 https://english.radio.cz/coronavirus-underscores-advantages-disadvantages-czech-economy-being-most-8684727 Radio Prague International Radio Prague International radio.prague.int@gmail.com clean 0 1 2 3 4 5 6 7 8 9