Fiscal Constitution: A step towards Europe
2012-03-13 The Social Democrats advocate a responsible budgetary policy as well as the creation of a financial constitution in the Czech Republic.
The Social Democrats advocate a responsible budgetary policy as well as the creation of a financial constitution in the Czech Republic. For us it is part of the European direction since the euro-zone countries need to resolve the current debt crisis, necessitating the formation of a fiscal responsibility council, introducing a debt brake, and limiting the structural deficits in the current year. Regarding the debt brake, CSSD is in favour of its activation if the public debt exceeds 45% of GDP. We also expect that after the resolution of the debt crisis in the euro zone the adoption of the euro will again be tabled and our country will accept it at an opportune moment.
CSSD has delegated two of its members (as did all the parliamentary parties) to a working group at the Ministry of Finance. This group is trying to arrive at a consensus so that the fiscal constitution can be adopted as a constitutional law.
Given the conscientious work on the fiscal constitution, today’s speech of Premier Nečas was somewhat embarrassing. It seems as though the main objective of his speech was to outdo Finance Minister Kalousek who should shortly submit a draft of the fiscal constitution. The premier’s suggestion that if the financial constitution is not adhered to, the salaries of the high-ranking state officials responsible would be cut by up to 20% seems somewhat malicious. Given a realistic forecast of the public debt, the sanction would be imposed on the government formed after the elections in 2014, shortly after taking office. The new government would have reduced salaries for the debts ran up by Nečas and Kalousek.
Another problem is that Czech Premier Nečas failed on the issue of contract compliance with the budget rules at the international level, when his refusal to sign the EU budget treaty de facto sent our country outside the mainstream of the European Union, acting against the Czech national interests. One would hope that the aim of his press conference today was not mere an effort to hide from view this dismal failure.
Jan Mládek, shadow finance minister for CSSD
- 5 conditions of ČSSD regarding the adoption of the fiscal constitution
Continuation of the European integration is for ČSSD a superior aim. Signing fiscal pact and approval of fiscal constitutions we consider essential. These two things can´t be separated so the consent of ČSSD upon acceptance of the government´s draft of fiscal constitution is subject to the following steps:
- Ministry of finance fatally failed to drawn on European funds and minister Kalousek should resign!
ČSSD demands immediate resignation of minister of finance Miroslav Kalousek. It considers it inacceptable for the Nečas government and its minister of finance to pursue an ostrich-like policy and refuse to assume political responsibility for the fatal failure in drawing on tens of billions of crowns from EU structural funds and for what is clearly a badly configured system for auditing the EU structural funds.
- By rejecting the treaty on fiscal responsibility, Prime Minister Nečas is leading the country to ruin
Prime Minister Nečas’s rejection of the treaty on fiscal responsibility will lead the country to ruin, isolation, and out of the European Union.
- Mládek: Nečas government games over joining the budget union in poor taste
The games being played by the Nečas government over loaning 3.5 billion EUR (90 billion CZK) to the International Monetary Fund are not only in poor taste but also threaten Czech national interests.
- Jan Mládek
The sKarta project is a disgrace, ČSSD calls on ODS and TOP09 to support the proposal of social democracy on immediate cancellation of the project!
2013-04-13 ČSSD adopted three resolutions on current political situation at today´s...