In view of the continuing economic crisis the Czech Republic’s two
largest parties, and often bitter rivals, the Social Democrats and the
Civic Democrats have expressed a willingness to cooperate on next year’s
budget. Both indicated this week the need to find a consensus, after
interim Finance Minister Eduard Janota announced that if strong measures
weren’t taken to cut spending and raise revenues, the country would face
a ballooning deficit of 230 billion crowns. Is this sudden show of goodwill
for real and can it work?