Czech coalition reaches agreement on 2027 state budget

Leaders of the governing ANO, Freedom and Direct Democracy (SPD) and Motorists parties have reached an agreement allowing the cabinet to approve its draft 2027 state budget on Monday. The proposed deficit of CZK 389 billion, around EUR 16 billion, will be reduced by several billion crowns. Further measures to be introduced by the end of this year could produce savings of up to CZK 20 billion, although these will not yet be reflected in the budget bill. Motorists leader Petr Macinka said the coalition had also agreed to reduce the deficit by at least CZK 60 billion in 2028.

Author: Vít Pohanka