Thu, 01 Jan 1970 01:00:00 +0100Thu, 23 Jul 2026 19:43:55 +0200https://english.radio.cz/no-agreement-yet-coalition-new-vat-rate-or-spending-cuts-8561953© 2026 Radio Prague International A meeting between government coalition leaders on Monday failed to produce conclusive results on how the government will offset falling tax revenues. But two variants, narrowed down, are on the table: to introduce new spending cuts at most government ministries as well as in some social benefits to bring the public finance deficit down to 3.5 percent of GDP in 2012. Or, alternatively, to raise the VAT to a uniform 19 percent (with minimal exemptions on books, medicines, newspapers & magazines). encr@radio.cz (Cesky Rozhlas)webmaster@radio.cz (CRo Webmaster) https://english.radio.cz/sites/default/files/images/kalousek4_9.jpg?timestamp=1591238582 https://english.radio.cz/no-agreement-yet-coalition-new-vat-rate-or-spending-cuts-8561953 Radio Prague International Radio Prague International radio.prague.int@gmail.com clean 0 1 2 3 4 5 6 7 8 9