The Czech government recently presented an austerity package in an effort to reduce the country’s growing state debt. According to a poll conducted by the Median agency for Czech Radio, 51% of Czechs think the package is necessary. However, 40% of respondents said they did not understand the measures.
Many people feel that the changes are coming too late and that they will not be enough to tackle the growing state debt. Over two-thirds of respondents said they do not believe the austerity package will be effective.
The government has promised to reduce the budget deficit to 2.9% of GDP by 2021. It remains to be seen whether the austerity package will be enough to achieve this goal.