Fiscal policy - Central European Times

Romania once again in political turbulence: three options remain for Nicușor Dan

3 min read Romania, Nicusor Dan, Siegfried Mureșan, political crisis, EU funds, Fiscal policy, PNL, PSD, USR, UDMR

Romania is facing a political crisis, with the stakes now extending to fiscal stabilisation and access to EU funds.

Czech Chamber overrides Pavel’s veto, clears way for looser fiscal rules

1 min read Czech Republic, Fiscal policy, State budget, Petr Pavel, Presidential veto, Central Europe, V4

The Czech Chamber of Deputies overrode President Petr Pavel's veto of a fiscal-rules omnibus bill clearing the way for a law that lets the government exceed budget ceilings on defence and infrastructure spending through 2036, a move the opposition says it will challenge at the Constitutional Court.

Prague's budget war: a new chapter of castle and government struggle

3 min read Czech Republic, Petr Pavel, Andrej Babis, State budget, Fiscal policy, Presidential veto, Budget deficit, Central Europe, V4

The Czech Chamber is due to vote on overriding the President's veto of a fiscal-rules bill on 25 August. Not just defence spending is at stake, but the next presidential election, where the President is increasingly viewed by the Czech public as the head of the opposition.