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

External woes
Updated 21 May, 2026

External woes

Relying indefinitely on remittances to offset structural economic weaknesses is not sustainable.
Political activity
21 May, 2026

Political activity

THE opposition is astir. There is talk of widespread protests this Friday over a list of dissatisfactions with the...
Seizing hope
21 May, 2026

Seizing hope

ISRAEL’S tyranny knows no bounds. After intercepting the Global Sumud Flotilla that set sail last week, disturbing...
Hormuz gamble
20 May, 2026

Hormuz gamble

The Strait of Hormuz has become the real centre of the confrontation.
The unkindest cut
20 May, 2026

The unkindest cut

SUICIDE, a complex symptom of deep despair triggered by mental health problems, is hardly a moral issue. Punitive...
Ad hoc culture
20 May, 2026

Ad hoc culture

THE Supreme Court’s ruling against prolonged ad hoc and acting appointments is an indictment of a deeply ...