Radio Prague International | The Czech government's austerity policies under Prime Minister Petr Fiala are shaped by both economic necessity and political ideol

Rising inflation, stagnant wages and the housing crisis are fuelling discontent. Meanwhile, the deficit continues to grow without significant investment in long-term economic growth. Klára Votavová, an associate research fellow at EUROPEUM Institute, commented on the situation for Radio Prague International.

I think that on the European Union level in general there are these calls for more public investments and private investments into the economy. For example, recent Draghi report for instance suggests that the EU really needs to invest approximately 800 billion euros more into its economy per year – which is a huge number.

Listen to the full interview here.

Klára Votavová
Associate Research Fellow

Expertise: Social policies, EU digital policies, Just Transition, Central and Eastern Europe