Year 1994 - Balance of the Czech Republic (debt of the state is 13.3% GDP, ie. 157 billion CZK and households 3.9% of GDP, ie. 46 billion CZK)
Year 1995 - Privatization (780 billion CZK - ie. about 1 400 billion CZK in the prices of 2011)
Small privatization (1990-1993) Big privatization (1992-1995)
Privatized mainly through public auction and about voucher privatization - 333 billion CZK (42.7%) - in 1st wave were 940 companies
30,000 units brought to state budget about 31 billion CZK. - in 2nd wave were 861 companies
direct sales - 237 billion CZK (30.4%)
transfers to cities and towns - 121 billion CZK (15.5%)
transfer to the reserves funds of companies - 64 billion CZK (8.2%)
restitution transfers - 25 billion CZK (3.2%)
In the voucher privatization citizens stored to the investment funds (in the 1st wave there were 264 funds and in the 2nd wave 353 funds) about 190 billion
CZK from which, by the comments, have been stolen about 50 billion CZK (ie, the stolen property was 26% of investment funds or 15% of the voucher
privatization, or 6.5% of total privatized volume). Privatisation was a unique project and unprecedented in world history, when in few years was practically
privatized 100% of nationalized state economy.
Year 1997 - Debt relief of banking sector ( 400 billion CZK - ie. about 600 billion CZK in the prices of 2011)
After the privatization there were banks still state-owned and lend money without rules of market. Begun generate a large amount of credit risk and for
their future privatization and economic recovery was made redevelopment of the banking sector, which, according to the various estimates and
calculations, reached about 163 or 400 billion CZK.
Year 2002 - Flood damage ( totally about 155 billion CZK)
During existence of the republic, there were several floods which made damage about 155 billion CZK. The most devastating flood was in 1997 with 62.6
billion CZK and in 2002 with about 73 billion CZK.
Year 2003 - The growth of bureaucracy and government ( 24 billion CZK / year in the prices of 2011)
Because of EU requirements, there was decentralization of the state administration and by implementation of new regulations was supported its further
growth. In 1996, reached the number of officials about 166,000 and in 2011 reached about 250,000. Number of officials of Czechoslovakia in 1930 was
about 150,000.There are estimates that the unsimply complexity of the tax system costs private sector on unproductive activities about 40billion CZK/year.
Year 2005 - Czech republic join EU (profit 145 billion CZK at the cost of distortion of market by grants)
Clear position of the CR to the EU budget since 2004 to 2010 is 145 billion CZK. In this balance is not included distortion of market by grants, costs of
officials growth or the costs of filling regulations of EU such as the support of renewable energy sources.
Year 2006 - Overpriced orders of government (about 60 billion CZK/year)
There are estimates about corruption in orders of government which reach about 5 to 15% of the total volume (about 500 to 640 billion CZK / year) of
financial budget, ie. about 25 to 96 billion CZK / year. Overall during the existence of the CR (1994 to 2011) this value is about 1 020 billion CZK.
Year 2007 - Signature of the Treaty of Lisbon (limited sovereignty of the national parliament)
Substitute rejected European constitution by referendums in France and the Netherlands in 2005.
Ratification by referendum was substitute by vote in parliament, except Ireland.
13.12.2007 - signing by Topolanek (ODS)
and Schwarzenberg, Minister of Foreign Affairs (non-member Greens, now TOP09)
12.6.2008 - Ireland rejected in referendum in the ratio 47:53
20.2.2009 - approval in the Chamber of deputies (125 of 200)
6.5.2009 - approval in the Senate (54 of 81)
2.10.2009 - approval in Ireland by repeated referendum in the ratio 67:33.
9.10.2009 - approved by President Klaus (refused to sign until there was Irish "no")
1.12.2009 - start of validity
Approval of the treaty led to a restriction of the EU members sovereignty in the way of transfer of powers from national parliaments in to the EU
institutions. Treaty defines several mechanisms that gives the EU the opportunities to gain new powers and abolishing the right of veto in other areas
without further ratifications.
Year 2008 - Topolanek's reform of public budget (about 114 billion CZK/year)
Reform was made because there was a assumption of economic growth, but after this reform there was no growth and state budget achive the reducing of
tax income:
Since 1.1. 2008
Flat tax - about 20 billion CZK/year
Reduction of taxes for corporate incomes from 24% to 21% - about 24 billion CZK/year
Reduction of top for social and health insurance - about 17 billion CZK/year
Since 1.1. 2009
Reduction of taxes for corporate income from 21% to 20% - about 8 billion CZK/year
Reduction of social insurance to employees from 8% to 6.5% - about 27 billion CZK/year
Reduction of social insurance to employers from 26% to 25% - about 18 billion CZK/year
Year 2009 - Government fall during the presidency of the EU (political instability because of government corruption and amateurism)
Elections in 2006 ended by political stalemate (CSSD+KSCM against ODS+KDU-CSL+ SZ). After 7-month negotiation the Topolanek's government
was also supported by: Milos Melcak and Michal Pohanka (CSSD). During the 26 month period of Topolanek's government there were 5 times try to fall
this government and during last and successful try the government was not supported by Vlastimil Tlusty (ODS), Jan Schwippel (ODS), Olga Gear (SZ)
and Vera Jakubkova (SZ).
2.-3.6.2006 - regular elections to the House of commons ( ODS - 81, CSSD - 74, KSCM - 26, KDU-CSL - 13, SZ - 6 )
3.10.2006 - first try to achive support of parliament by Topolanek's government ( 96 : 99 )
19.1.2007 - second sucessfull try to achive support of parliament by Topolanek's government ( 100 : 97 )
1.1.2009 - begining of six-month EU presidency
25.3.2009 - Topolanek's government lost the support of parliament ( 96 : 101 )
8.5.2009 - government of officials led by Jan Fisher achive support of parliament ( 156 : 1 )
Year 2010 - Support of photovoltaic power plants (up to 2030 will costs 15 to 43 billion CZK / year)
In support of renewable energy resources were supported construction of photovoltaic power plants with the state guaranteed buyout, which is estimated
about 300 to 866 billion CZK in the next 20 years. There was a situation where the investment costs for the operation of photovoltaic power plants in the
last two years declined by 40 percent and because of this there were increase of their construction. Return of investment is 5 years and the state guarantees
income is for 20 years. In 2004, support for photovoltaics costs 1.8 billion CZK, in 2010 the support costs 9.1 billion CZK and for 2011 is estimated to
support them by 28.1 billion CZK. This support is reflected in the increase of electricity prices which means that there will be negative impact on industry
and households.
Year 2011 - Balance of the current situation
(indebtedness of the state is 40.3% of GDP, ie. 1 344 billion CZK and households 34.1% of GDP, ie. 1 138 billion CZK)
In CR there are about 4.3 million households, which has got savings about 1 500 billion CZK and debts about 1,138 billion CZK.
Used for - housing about 740 billion CZK (65%),
consumption of 266 billion CZK (23.5%),
other 132 billion CZK (11.5%).
Year 2012 - Religious compensation (proposal 59 billion CZK + 75 billion CZK in real estate)
Totally state in 1948 nationalized religious property (forests, agricultural land and real estate) in costs about 120 billion CZK (in constant prices of 2007)
and provides spiritual salaries, maintenance and operating costs (by the 17 churches, which asking for the return of property and are also now paid by
state, this property costs about 180 billion CZK because of bad maintance). In 2007, Topolánek's government prepared a proposal for the return of
property in costs about 134 billion CZK and about 2/3 in the form of financial way - 83 billion CZK paid out over the next 60 years (ie with interest 270
billion CZK). Proposal from may 2011 for relatization in 2012 counts with payment of 59 billion CZK and return of property costs about 75 billion CZK.
Year 2013 - Government ekology order (estimate 10 to 115 billion CZK)
In 1992, the government pledged to provide money for repairing environmental damage from the communism times, in estimated volume of 160 billion
CZK. For repairing the damage to the year 2010 spent about 45 billion CZK. Because there are still hundreds of locations across the country which needs
repair and with the current time rate, it would be clean up in 2080 + the fact that the environmental damage growing by the time (up to disester) and it
makes them more expensive, in 2008 there was tender for work on 12-years period during which will be remove all damages by only one company with
an estimated cost of 80 billion CZK. Declaration metod was strongly criticized and suspected from corruption. Transparency International then estimated
cost about 40 billion CZK and the Ministry of the Environment about 26 to 32 billion CZK. Recent estimates of the comments were about 10 billion CZK.
