Czech Prime Minister Mirek Topolanek, whose country holds the rotating presidency of the European Union(EU), has condemned the economic recovery plans of U.S. President Barack Obama as a way to hell.
Persisting with the European stand that there was no need for a further global economic stimulus to come out of the G20 summit, Topolanek said the biggest success of last week's EU summit was its refusal to copy the U.S. example.
He opposed Obama's appeal for all countries to bear the burden of spending to stimulate the world economy, while speaking in the European Parliament Wednesday.
He attacked the United States' burgeoning budget deficit and the Buy- America campaign, saying, all of these steps, these combinations and permanency are the way to hell.
We need to read history books and the lessons of history and the biggest success of the European bloc is the refusal to go this way, he told the lawmakers.
While British Prime Minister Gordon Brown called for a world-wide fiscal and monetary stimulus, other European leaders, particularly French President Nicolas Sarkozy and German Chancellor Angela Merkel, argued for tougher financial regulations to be the priority of the G20 summit, due to be held in London next week.
Topolanek's minority coalition government lost a no-confidence vote Tuesday, a set-back to the Czech Republic's six-month EU presidency, which expires in June.
For comments and feedback: contact email@example.com