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CZECHIA: Party Leaders Agree On Need To Boost Defence Spending

CZECHIA
EM BulletBulletEmerging Market NewsCentral and Eastern EuropeCzechia
  • Leaders of parties from Czechia's governing coalition and the opposition Pirate Party agreed on the need to boost defence spending, even if it means a temporary relaxation of budgetary responsibility rules. Opposition ANO and SPD parties did not accept invitations to attend the meeting convened by Prime Minister Petr Fiala on Thursday.
    • MNI spoke with Deputy Finance Minister and ex-CNB policymaker Tomas Holub, who said that defence spending boost would necessitate cost-cutting elsewhere.
  • The Bank Board confirmed Stanislav Tvrz as Director of the Economic Modelling Department in the Research and Statistics Section established at the beginning of this year.
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  • Leaders of parties from Czechia's governing coalition and the opposition Pirate Party agreed on the need to boost defence spending, even if it means a temporary relaxation of budgetary responsibility rules. Opposition ANO and SPD parties did not accept invitations to attend the meeting convened by Prime Minister Petr Fiala on Thursday.
    • MNI spoke with Deputy Finance Minister and ex-CNB policymaker Tomas Holub, who said that defence spending boost would necessitate cost-cutting elsewhere.
  • The Bank Board confirmed Stanislav Tvrz as Director of the Economic Modelling Department in the Research and Statistics Section established at the beginning of this year.