Austerity package drama
On Friday the lower chamber endorsed austerity package lowering the next year’s budget deficit from original CZK 230 billion to CZK 163 billion. The move was preceded by a variety of dramatic poses that included threat, sulking, disbelief, insults and many more. First, Finance Minister Eduard Janota who put together the austerity package in order to prevent the country’s slide into debt and possibly bankruptcy announced on Wednesday he would not want to stay in his post if the package were not approved. Prime Minister of the caretaker government Jan Fischer repeatedly emphasised that approval or disapproval of the package equals confidence or no-confidence vote for the cabinet. On Wednesday party leaders came out of seven-hour-long discussion victoriously with aContinue Reading