There's a riot going on
2006-09-22
Thousands of people took to the streets of Budapest to protest
against the admitted economic lies of the socialist government,
but all's quiet in Prague. Well, not exactly. Finance Minister
Vlastimil Tlustý is getting worked up about the "crisis" in public
finance and took out paid ads today to accuse the old Paroubek
government of intentionally distorting the deficit. Tlustý received
indirect support yesterday from Jan Sýkora of Wood & Co., who
told Czech Radio that he fears that only the tip of the iceberg
has been exposed in Hungary and that investor nervousness will
spill over into the CR. Tlustý's concerns are real, but they're
mainly political. He, Václav Klaus, Miloš Zeman, and perhaps
Miroslav Kalousek will likely use the deficit to justify some kind
of grand coalition, opposition agreement or government of
national unity. After all, we wouldn't want riots in the streets,
would we?
[Czech Republic finances debt Jiøí ODS ÈSSD KDU-ÈSL
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