Czech premier calls US economic path 'road to hell'

Only a week ahead of a G20 summit in London where Europeans and Americans are to seek a common approach to exit the global financial crisis, Czech Prime Minister Mirek Topolanek, whose country currently chairs the EU presidency, has described US economic recovery plans as a "road to hell."

Pumping ever-larger sums into the economy is not "the right path" and US President Barack Obama's $787 billion (€578.6 billion) economic stimulus plan and banking bail-out would eventually "undermine ...