Central Europe govt's on collision with c-banks

CZECH REPUBLIC - With elections due in all three of central Europe's leading economies in the next year, governments seeking to raise public sector spending risk bruising rows with their central banks.

But ministers in the Czech Republic, Hungary and Poland are in no mood to reduce spending, especially in the politically sensitive area of wages.

Meanwhile, central banks throughout the region remain focused on combating inflation through strong currency policies though the business cycles are

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