On Tuesday, the Chamber of Deputies approved the first draft amendment to the State Budget Act for 2020, which now expects a deficit of CZK 200 billion (up from CZK 40 billion). Ministry of Defence needs to reduce its spending by nearly three billion crowns. This slows the already slow increase in expenditure in relation to GDP. …
On Tuesday, Prime Minister Andrej Babiš announced at the press conference that Czech military acquisitions are under threat by austerity measures due to the ongoing COVID-19 pandemic. For the Army, such a message is certainly extremely unpleasant, but at the same time expected. The Prime Minister explicitly mentioned the acquisition …