Czech Cabinet Approves 2013 Draft Budget, CTK Reports

The Czech government approved the 2013 draft budget that cuts the deficit to 100 billion koruna ($5 billion) from 105 billion koruna this year, the CTK newswire reported, citing unidentified people.

To contact the reporter on this story: Peter Laca in Prague at placa@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net