Czech Austerity Revolt Threatens Cabinet as Slump Bites
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Czech Premier Petr Necas is battling to save his government as a revolt mounts against an austerity drive that threatens to deepen the nation’s recession.
The 47-year-old lost his parliamentary majority in April when his coalition crumbled after budget and personnel rows. He must secure enough lower-house support to overturn last week’s Senate rejection of tax increases to cut the fiscal deficit below the European Union’s limit next year. The vote is likely to take place after parliament reconvenes in Prague on Sept. 4.