BERLIN: German Chancellor Angela Merkel hailed Thursday the new Czech government’s support of the European Union’s fiscal discipline pact, adopted to help the bloc out of a debilitating debt crisis.

“We were pleased in Germany to see that the new Czech government has made a few corrections to its Europe policy: that the fiscal pact will also be accepted and signed by the Czech side,” Merkel told reporters after talks with new prime minister Bohuslav Sobotka.

Merkel praised Prague’s healthy public finances as “good news”, with the debt ratio well within European limits at 46 per cent of gross domestic product.

“It is easier to work together when you share the same European goals,” she said.Sobotka, a Social Democrat in a three-party, centre-left coalition, described his government as “Europe-friendly” and said it aimed to actively take part “in future discussions on the further development of the European Union”.

“We want to be a country at the heart of European integration,” he said.The previous Czech centre-right government joined Britain in January 2012 in rejecting the EU’s fiscal discipline deal for eurozone countries and those obliged to adopt the single currency, which was aimed at cleaning up public finances in the wake of the debt debacle.

Prague had also adopted a very cautious “wait and see” policy on adopting the euro, although it is obliged to eventually do so under the terms of its 2004 EU accession.

Merkel and Sobotka said they also shared the view that Russia must respect Ukraine’s sovereignty and warned they would back new sanctions at an EU summit next week if Moscow failed to back down.—AFP

Opinion

Editorial

Falling temperatures
04 Jan, 2025

Falling temperatures

THERE’S a welcome chill in the political atmosphere as talks proceed between the government and the PTI over...
Agriculture census
04 Jan, 2025

Agriculture census

ACCURATE information relating to agricultural activities is vital for data-driven future planning, policymaking, as...
Biometrics for kids
04 Jan, 2025

Biometrics for kids

ALTHOUGH the move has caused a panic among weary parents mortified at the thought of carting their children to Nadra...
Kurram peace deal
03 Jan, 2025

Kurram peace deal

It is the state’s responsibility to ensure that people of all sects can travel to and from the district without fear.
Pension reform
03 Jan, 2025

Pension reform

THE federal government has finally implemented several parametric reforms introduced in the last two budgets to...
The Indian hand
03 Jan, 2025

The Indian hand

OFFICIALS of the Modi regime were operating under a rather warped sense of reality, playing out Bollywood fantasies...