Fiscal Cuts To Prove Politically Testing

December 2010
Emerging Europe Monitor: Central Europe & Baltic States;Dec2010, Vol. 17 Issue 12, p8
Country Report
The article focuses on the outlook regarding the political condition in Slovakia. It says that the protests over the proposed fiscal consolidation strategy of the new centre-right coalition indicate the political challenges to be faced by them. It projects that the decline in public support due to cuts in welfare benefits and higher consumption taxes, as the government is set to reduce the deficit to less than 3.0% of gross domestic product (GDP) by 2013, will pressure the coalition's unity.


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