Pedro Martínez:

"The Czech EU Presidency rejected reports yesterday (25 March) that Prime Minister Mirek Topolánek had referred to US stimulus policy as the "way to hell", saying he had been misunderstood. ......... "No, he didn't say that," Czech Deputy Prime Minister Alexandr Vondra told a news conference after Topolánek's speech to the European Parliament on Wednesday (25 March).

...... A Czech presidency spokesman said Topolánek, speaking through an interpreter, had noted the United States was taking strong fiscal action to combat the economic crisis. Topolánek then said the European Union would be on the "way to hell" if it boosted its own fiscal spending, the spokesman said.

Blunder

The Czech EU presidency website published a summary of his statement, however, which sounds quite different from the original speech made at a European Parliament plenary session in Strasbourg.

Czech journalists confirmed that European Parliament translators were not to blame. Their delivery of Topolánek's words was quoted by the international press in the following terms:

"The US Treasury secretary talks about permanent action and we, at our spring council, were quite alarmed at that [...] The US is repeating mistakes from the 1930s, such as wide-ranging stimuluses, protectionist tendencies and appeals, the 'Buy American' campaign, and so on," he told the Parliament session in Strasbourg. "All these steps, their combination and their permanency, are the road to hell."

It is not the first time that Topolánek made a blunder in the European Parliament. Presenting the Czech EU Presidency's priorities in January, the prime minister caused an outcry when he suggested that the EU's current Nice Treaty was better than the Lisbon Treaty, which the Union's leaders are struggling to push through."
http://www.euractiv.com/en/opinion/czech-us-remarks-complicate-obama-prague-visit/article-180683?Ref=RSS

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The moral of this story is... don't believe all the hype when those reporting a matter have an agenda.