As Debt Costs Surge, the Czechs Ditch Austerity to Spend Big
The Czech Republic, one of the last major holdouts of the era of spiraling government debt, is embarking on an unprecedented spending spree just as the costs of borrowing surge.
<p>The Czech Republic, one of the last major holdouts of the era of spiraling government debt, is embarking on an unprecedented spending spree just as the costs of borrowing surge.</p>