Social Democrat senators to oppose finance reforms

Czech Social Democrat senators have said that they will be proposing a bill to reject the government's new financial reforms. The senators announced on Tuesday that they would be rejecting the reforms because they will not succeed in cutting public spending deficits and will also hurt pensioners' incomes.

The controversial financial reforms, which were narrowly passed by parliament last week, include the introduction of a flat tax and increased VAT for certain products. They also include changes to the country's health and social insurance systems.

The new reforms will be discussed by the senate next month. They are not expected to encounter any problems in the upper house, where the governing coalition has a clear majority.

Author: Coilin O'Connor