MPs to debate Czech accession to EU’s Fiscal Compact

The lower house of the Czech Parliament is on Tuesday set to debate the country’s accession to the EU’s Fiscal Compact, a set of rules aimed at enforcing fiscal discipline. The treaty, adopted last year by 12 Euro-zone countries, will have to be approved by a two-thirds majority in both houses of Parliament to enter into force in the Czech Republic. MPs are also set to discuss an increase to state-covered health insurance provided for minors, retired people, and other groups. Raising the insurance payments is considered crucial for stabilizing the financially depressed Czech health care sector.

Author: Jan Richter