Czech government survives trust vote

Czech government survives trust vote
Updated 08 November 2012
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Czech government survives trust vote

Czech government survives trust vote

PRAGUE: The Czech center-right government survived a confidence vote yesterday when the lower house of Parliament approved a package of tax rises that will be used to cut the 2013 budget deficit.
The approval comes after Prime Minister Petr Necas put down a rebellion in his party over the tax rises. His government, which has fallen into a minority in the 200-seat lower house, faces more uncertain votes over its fiscal plans. The tax package, expected to bring 22 billion crowns ($1.11 billion) in new revenue, will allow the government to cut the total fiscal gap below the EU-prescribed 3 percent of economic output next year.