Czech Republic: Opposition Rejects Austerity Measures

People ♦ Published: March 18, 2013; 18:41 ♦ (Vindobona)

Opposition leader Sobotka was re-elected last Friday as chairman of the Social Democrats. In an interview with Reuters he explains why the government needs to slow down on austerity measures.

Czech Republic: Opposition Rejects Austerity Measures / Picture: © Wikipedia / Sveter

Potential next candidate for the presential votings, Bohuslav Sobotka said he sees a necessity in increasing business taxes and banks. Furthermore, he thinks the government should focus on creating new jobs in order to fight the high unemployment rate of 10 % instead of hunting after lowering the debt rate. “The deficit is not an idol; a government must also take care of employment…