Prague, Czech capital of 17 million people, is a more relaxed place to visit than Paris, but a more expensive one.
A city that once enjoyed one of the world’s highest tax rates and the biggest budget deficits on earth is now in the midst of a budget crunch.
The Czech Republic is spending nearly half a billion dollars ($490 million) a year on defense to help combat terrorism, but its military budget is smaller than the next-closest country to its size, according to a new study.
Its public sector is smaller, too, while the economy is growing faster than the European Union.
Prague, a city of around 6 million, is more relaxed, with its people relaxed about spending their hard-earned money, according for a report in the New York Times.
The city is still one of Europe’s biggest centers for tourism and one of its largest centers for foreign exchange trading.
But the report said Prague’s defense budget is among the largest in Europe and it has a larger national debt than the EU.
Budget crisis, tax hikes Prague, like Paris, is facing a budget crisis.
That’s because the government’s budget has been slashed by nearly 40 percent over the last five years.
That means the budget of the country’s public and private sectors is now expected to shrink by around half over the next five years as a result of the war.
And the Czech Republic’s unemployment rate is also expected to soar.
The country’s economy has been growing rapidly over the past few years and now has about 7.5 percent unemployment.
The government is expected to cut spending on social services and infrastructure as well as other government programs to stem the hemorrhaging of its economy.
A new war in Syria, a major foreign policy headache for the Czech government, has also added to the pressure.
But Prague’s government says its war-fighting efforts have been limited to Syria, while France and Britain have launched air strikes on other countries in the Middle East.
Czech foreign minister Milan Chovanec said in a statement that he was “sad” that the Czechs were spending a lot of money on defense and the government was “disappointed” that its government was unable to do more to defend the country.
He also said the Czech republic would work to “stop any possible threat” from Syria, but that there was no way to guarantee it would be successful.