Janota offers Civic Democrats budget concessions

Members of the Civic Democratic Party met Thursday with Finance Minister Eduard Janota to discuss the details of his savings measures for the 2010 state budget. As opposed to his original plan, which aims for a 170 billion crown deficit, Mr Janota said he was willing to drop limits on building savings and raise VAT rates by one percent as well as real-estate tax. The VAT increase would apply only for 2010. A spokesman for the Ministry of Finance said that Mr Janota is willing to meet with interested members of all parties to discuss the package.