Czech Labor Unions Protest Government's Austerity Measures
Nationwide strikes and protests staged in response to spending cuts and tax hikes aimed at halving the budget deficit in two years.
- Labor unions in the Czech Republic staged a day of protests and strikes across the country, opposing the government's austerity measures and spending cuts aimed at controlling the deficit.
- The protests are in response to a package of $6.7 billion of spending cuts and tax hikes pushed through by Prime Minister Petr Fiala's government, which aims to halve the budget deficit in two years.
- The unions are demanding more funding for the education and healthcare sectors and protesting proposed changes to the pension system that would link the age of retirement to life expectancy.
- Over 7,200 nursery, elementary and high schools across the country were either fully or partially closed in the biggest such protest since the establishment of the Czech Republic in 1993.
- Despite the protests, the government maintains that the measures are necessary to stop state indebtedness and reduce the budget deficit by 97 billion Czech crowns ($4.3 billion) next year and by 150 billion ($6.7 billion) in 2025.