Macro Finance
As Debt Costs Surge, the Czechs Ditch Austerity to Spend Big
Bloomberg Markets·October 1, 2026·1 min read
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 borrowing costs surge. The move marks a sharp departure from austerity, with the government choosing to increase spending despite rising debt service costs.
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