EU President: Obama policies are 'road to hell'

President Obama's plan to rescue country from its current recession amounts to a "road to hell," Czech Prime Minister Mirek Topolanek, who is currently the president of the European Union, said Wednesday.

Topolanek told the European parliament that Obama's budget, $787 billion stimulus package and plan to rescue the banking industry amount to too much spending, according to the Associated Press. Those programs "will undermine the liquidity of the global financial market," he said.

The prime minister's remarks come just days before Obama is set to embark on his first trip to Europe as president. Obama will participate in a meeting of the Group of 20 industrialized nations next week in London.

Topolanek blasted Obama's proposals for increasing the country's deficit and protectionist provisions, such as the "Buy American" policies in the stimulus bill.

"All of these steps, these combinations and permanency is the road to hell," he said.

jeremy.jacobs@thehill.com

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