PERSPECTA

News from every angle

Back to headlines

Slovak Analyst States Fiscal Consolidation Unsuccessful, Calls for More Creation, Less Spending

According to Marek Gábriš, chief economist at ČSOB bank, Slovakia's fiscal consolidation efforts have not been very successful, failing to sufficiently reduce the deficit or stabilize debt growth. He emphasizes the need for the country to create more and spend less, as neighboring countries are growing richer faster.

PostShare