TOP 09 ministers to quit if government stays out of planned EU fiscal union

The Czech Foreign Minister, and head of the coalition TOP 09 party, has threatened that ministers for his party will leave the government if it does not join the EU’s planned fiscal union. Mr Schwarzenberg told the daily Lidové noviny on Thursday he would not be part of a cabinet that leads the Czech Republic outside the main stream of European integration. The country cannot afford to be isolated, Mr Schwarzenberg added. For his part, President Václav Klaus wrote a letter to PM Petr Nečas making it clear he would not under any condition sign such a fiscal treaty into law.

Author: Sarah Borufka