Reuters: US Dollar Report: Czech cabinet survives confidence vote

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Czech cabinet survives confidence vote Apr 27th 2012, 18:12 PRAGUE, April 27 | Fri Apr 27, 2012 2:12pm EDT PRAGUE, April 27 (Reuters) - The Czech centre-right cabinet won a parliamentary vote of confidence on Friday, gaining a new lease on life after the break-up of one of the three ruling parties put the austerity-driven administration on the brink of collapse. The result was expected after a faction from the split coalition partner declared allegiance to the cabinet. But Prime Minister Petr Necas faces a tough task to push ahead with his fiscal and health reforms in an evenly-split parliament, and an early election before regular polls in 2014 is possible.

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