Candidate for PM Fiala pledges different approach to energy price crisis

The likely next Czech prime minister, Petr Fiala of the Civic Democrats, says his government would take a different approach to dealing a sharp rise in energy prices to the outgoing one led by Andrej Babiš. Speaking on Czech Television, Mr. Fiala said his five-party cabinet would not employ the reduction in VAT being readied by the current government.

The Civic Democrats chief said the quickest solution would be to use existing social benefits, while in the medium term there could be more investment in solar panels, funded with money raised from emissions permits trading.

Mr. Fiala blamed the current situation, where power prices are soaring, on the Ministry of Industry and Trade and the Energy Regulatory Office.

Author: Ian Willoughby