Czech economic council drafts anti-crisis measures.

By bne IntelliNews December 13, 2011
The Czech governments economic council NERV has drafted an anti-crisis package in case the countrys economy faces the risk of contracting by more than 2%, Hospodarske Noviny daily reported. The measures include freezing pensions, cutting the number of policemen, imposing higher taxes on banks and shorter university studies. The state will raise several billion of Czech crowns if taxes on banks are increased, CZK 0.5bn if some 1,000 policemen are dismissed and CZK 600mn if university studies are reduced by one semester, according to NERVs calculations. Additional anti-crisis measures include the introduction of shorter working hours, a tax on unhealthy foods and higher taxes for people with a monthly income of more than CZK 100,000.

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