Related articles
Current AffairsFarmers announce protests over plans to slash diesel tax rebates and new wine tax
The Czech Republic will see another round of protests against the
government’s austerity measures. Agriculture industry leaders on
Wednesday announced they would block roads and slow traffic in protest of
plans to cancel tax rebates on diesel for agricultural firms, and a planned
introduction of a tax on wine. More
Current AffairsDomestic vintners outraged over planned introduction of wine tax
In its ongoing effort to find ways of lowering the state budget deficit,
the Czech government has announced that it is planning to introduce a new
tax on wine. The country’s winemakers are enraged and believe that this
step will lower the competitiveness of domestic vintners, while giving
foreign producers an edge on the Czech market. More
Business NewsBusiness News
In Business News this week: the government approves a far-reaching fiscal
consolidation plan to reduce the state budget deficit, a drop in deliveries
of Russian crude oil to the Czech Republic triggers speculation of a plan
to up the price and Škoda Auto posts record sales. More
Current AffairsBusiness analyst: government’s austerity plans should not undercut growth
The government on Wednesday approved far-reaching austerity plans to
gradually lower the gap in public finances to well below 3 percent of the
GDP. The strategy combines savings and tax hikes that are expected to
impact all strata of society. Radio Prague asked business analyst David
Marek whether such extensive austerity measures were called for and who
would bear the brunt of the fiscal reform. More
+1
+10
