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22-11-2019, 05:42 UTC
[19.01.2010 19:33 UTC] Více autorů
Janota warns of need for financial reform

The finance minister, Eduard Janota, has warned that the Czech Republic’s position on the financial markets could weaken significantly unless fundamental reforms are undertaken. Asked whether the country could go bankrupt otherwise, Minister Janota said it was not currently able to secure money for pensions, wages and investments on the financial markets. Speaking in Brussels, he also said adopting the common European currency in around 2015 would be unrealistic unless reforms were made. Mr Janota, a member of a caretaker cabinet that will serve until elections later this year, said there was little will to implement the necessary changes at the present time.