* Czechs hunker down in recession, save more * Tax hikes, spending cuts put consumers and firms on defensive * Economists see recovery only next year at earliest By Michael Winfrey and Jana Mlcochova PRAGUE, Dec 7 (Reuters) - Angry at government austerity measures and fearful of losing jobs, Czechs keep piling their cash into savings - confounding authorities' efforts to end the country's longest recession in 15 years. The central European nation's economy shrank for a fourth straight quarter from July to September, data confirmed on Friday, making its economic contraction the longest in the European Union outside the euro zone. Economists expect the trend to turn around only towards the end...
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