Government coalition’s expert committee recommends budget cuts
A committee of experts from all three parties in the process of forming a government coalition has suggested that budget cuts of ten percent in welfare and social allowances be implemented. The committee will now hand over its recommendation to the negotiating teams of the possible coalition’s parties, the Civic Democrats, TOP 09 and Public Affairs. Political analysts believe that such cuts may well become a part of the future government’s coalition program.
The three parties are yet to reach agreement on the last remaining issue of coalition negotiations, tax increases. While the Civic Democrats oppose implementing higher taxes, Public Affairs would like to raise income tax for the country’s highest earners.