‘Business suffering amid protracted crisis, and this government will not help’

Published on 11 July 2013

Cover

“Struck by the longest recession in the history of the country, the Czech Republic now has to contend with a political crisis,” Jiří Rusnok’s provisional government.
In the light of a poll commissioned by the Confederation of Industry, which reveals that companies are planning more layoffs, the business daily worries that —

… the combined impact of an economic crisis, which has already lasted two years, and conflict between parliament and Prague Castle [the president’s residence] may have heavy consequences. […] A government crippled by resistance from a parliamentary majority will have difficulty releasing funds for social programmes. […] At a time when the economic situation is among the worst in the EU (only southern countries and Hungary are worse off), a strong government should be in control.

Receive the best of European journalism straight to your inbox every Thursday

Interesting article?

It was made possible by Voxeurop’s community. High-quality reporting and translation comes at a cost. To continue producing independent journalism, we need your support.

Subscribe or Donate

Are you a news organisation, a business, an association or a foundation? Check out our bespoke editorial and translation services.

Support border-free European journalism

See our subscription offers, or donate to bolster our independence

On the same topic