Most European countries are dealing with how to help people who are hit hard by rising energy prices and, in the case of the Czech Republic, high inflation, ie prices. What recipe for expensive would economists recommend?
The guest I Ask is Deputy Director of the IDEA CERGE-EI think tank and Adviser to the Minister of Labor and Social Affairs Filip Pertold.
The Czech government argues that it helps those in need, for example by increasing the housing allowance or increasing the living and subsistence minimum. Today, ministers have a parental allowance, a taxpayer’s rebate or a tax bonus on the program.
However, members of the YES movement want to include points in the Chamber of Deputies to reduce VAT on energy or fuel. If this does not happen, the party has enough signatures to convene an extraordinary meeting. In addition, this week in an accelerated process this week supported the government’s proposal to reduce the excise tax on fuels – it should temporarily fall by a crown of fifty per liter.
Is the government doing enough to help the poorest survive the difficult times? And how much more will we expect? Who will feel it the most?
You can play the whole conversation in the audio player, in your favorite podcast application or in the video.
What was said in the interview?
1:24 – The households that were needed at Bohemia Energy have the biggest jump behind them. On the contrary, other households, which have their prices spread over time, are still facing the biggest shock.
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