Prime Minister Andrej Babiš has rejected the idea of a special tax on banks. The ANO leader told reporters on Wednesday that it would cause disquiet in the business community and harm all of the country’s citizens. The minister of labour and social affairs, Jana Maláčová of the Social Democrats, has been advocating for a tax on banks in recent days.
Ms. Maláčová says that if it is not possible to agree on legislation introducing such taxation with ANO she will submit a bill herself, adding that Czech banks are making record profits.
Mr. Babiš says the matter will be discussed at a coalition meeting.
The Czech Banking Association says 15 EU states have a bank sector tax.
Olga Lomová: Western misconceptions could let China export much of its system and ultimately contribute to our enslavement
Hitler no ‘gentleman’, but court rules Czech state need not apologize for president’s claim Ferdinand Peroutka said so
Bertha von Suttner – Prague-born peace campaigner whose ideas on cooperation and disarmament continue to have lasting effect
Beijing ends agreement with Prague – but can spat harm Czech capital?
Czechia now ahead of Spain in GDP per capita, but still below EU average
Czech agencies smash spy ring operated by “very aggressive” Russians
Prague City Hall terminates memorandum with e-scooter operator Lime
Rare Terezín concentration camp artefacts found in attic of private home