Current Affairs Two largest parties willing to cooperate on budget during crisis

20-08-2009 16:44 | Jan Velinger

In view of the continuing economic crisis the Czech Republic’s two largest parties, and often bitter rivals, the Social Democrats and the Civic Democrats have expressed a willingness to cooperate on next year’s budget. Both indicated this week the need to find a consensus, after interim Finance Minister Eduard Janota announced that if strong measures weren’t taken to cut spending and raise revenues, the country would face a ballooning deficit of 230 billion crowns. Is this sudden show of goodwill for real and can it work?

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