Czech lower house overrides Senates veto on govt reform bills.

By bne IntelliNews November 7, 2011
The Czech Parliaments lower house gave final approval on a package of 14 government reform and austerity bills, overriding a Senates veto, CTK newswire reported. The legislation includes health care, welfare and pension reform bills, changes to the Labour Code and the VAT as well as austerity social measures. Lawmakers agreed to increase the lower VAT bracket 14% as of 2012 and unify both VAT rates at 17.5% as of 2013. The package of austerity measures in the welfare area tightens conditions for the payment of unemployment benefits and changes the system of other welfare payments. Under the bill, people will be entitled to unemployment benefits if they worked for at least 12 months in the past two years, compared to 12 months in the past three years under the current legislation.

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