"This is a very serious situation for us. We are convinced that every imaginable limit has been exceeded," said Josef Stredula, the spokesperson of CKMOS, the largest trade union centre.
On May 11, the Fiala administration announced a set of austerity policies to reduce the current fiscal deficit, which is the largest in the history of the Czech Republic.
Among these adjustment measures are the gradual increase in the retirement age, the elimination of the zero rate of VAT, the elimination of tax exemptions, and the increase in VAT from 10 percent to 21 percent on almost all items.
����interest rate (Czech crowns) has been higher than in ���� (€) for more than 1y, but inflation has *always* been higher in ���� than in ����. Weren't higher interest rates supposed to reduce inflation? Why does it not work here? A €uropean puzzle for policy makers and economists. pic.twitter.com/iSono2vhy3
"All these measures will lead to a clear deterioration in the situation of families, with losses estimated at an average of 4,000 euros per household per year," the labor leader emphasized.
Currently, the current retirement age in the Czech Republic is 65 for men, while mothers can retire earlier, depending on the number of children. PM Fiala wants to progressively raise the retirement age until it reaches 68 years.
Since the Parliament has a pro-government majority, Fiala's public spending reduction package is expected to be approved. It will enter into force in January 2024.
During the strike, the workers will not completely stop their activities but will limit themselves to doing the bare minimum, thus causing a slowdown in business activity. The last time a similar situation occurred in this country was ten years ago.
#Cuba | Hundreds of thousands of workers participated on Friday to commemorate International Workers' Day with acts, parades, and artistic and cultural events. pic.twitter.com/W9hcdViHZ5