Opposition rejects reform package

The opposition Social Democrats and the Communists, who hold 100 of the 200 seats in Parliament, have ruled out support for the government's financial reform package. The two parties say the package, which aims to slash taxes and public spending, only benefits the wealthy. Social Democrat leader Jiri Paroubek told journalists on Wednesday that the prices of basic necessities like food, medicine, and water would rise and people with monthly salaries under 40,000 crowns (a little over 1,800 US dollars) would lose out.

Author: Dita Asiedu