Russian International Reserves Fall $15.7 Billion in Week to Dec. 19

Czech Rebel Lawmakers Reject Premier’s Tax Proposal, Dnes Says

A group of lawmakers from the Czech ruling coalition is against a compromise tax-increase proposal presented by Premier Petr Necas, MF Dnes reported, citing deputy Petr Tluchor.

Necas proposed raising only one of two sales-tax rates, compared with the government’s original plan to increase both rates by one percentage point to 15 percent and 21 percent, respectively, the newspaper said.

Six lawmakers from Necas’s Civic Democratic Party, including Tluchor, joined the opposition on Sept. 5 and voted against a government bill that included the tax increases.

To contact the reporter on this story: Peter Laca in Prague at

To contact the editor responsible for this story: Balazs Penz at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.