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Košice approves tough municipal budget

Košice city councilors yesterday approved a city budget cutting millions of crowns from planned current expenditures in an effort to ward off forced administration by the Finance Ministry. Košice has over Sk750 million in unpaid liabilities beyond their 60-day due date, which is 122 per cent of the city’s budget income for 2001.

Compiled by Tom Nicholson from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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