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Current AffairsSpeculation surrounds fall of Prague’s grand coalition

22-11-2011 15:44 | Jan Richter

Bohuslav Svoboda, photo: CTK The grand coalition of Civic and Social Democrats at Prague City Hall is about to end, a year after it assumed power. In a surprise move, the Civic Democrats in the capital on Tuesday announced they were leaving the ruling bloc, justifying the step by budget and personal issues. However, the unconvincing explanation has given rise to wide-ranging speculation about the real reason behind the reshuffle. More

Current AffairsLower house passes state budget bill in first reading

03-11-2011 15:06 | Pavla Horáková

Miroslav Kalousek, photo: CTK On Wednesday evening, following a thirty-hour session and after eleven hours of opposition filibustering, the lower house passed the draft state budget for 2012 in its first reading. A majority of 102 deputies for the centre-right coalition Civic Democrats, TOP 09 and Public Affairs approved its revenues, expenditures and deficit figures. The draft budget proposes a deficit of 105 billion crowns, or 3.2 percent of GDP, but could be subject to changes in January. More

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