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BUSINESSBloomberg Markets·2h ago

Billionaire Leader Brings Debt-Driven Spending to Frugal Czechs

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The Czech Republic is initiating a significant government spending program despite rising borrowing costs. This shift marks a departure from the nation's historically frugal fiscal policy.

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.

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