Fico: Slovakia won't up its defence budget despite crisis in Ukraine

SLOVAKIA won't increase its defence budget in the next few years, despite the tension in neighbouring Ukraine, said Prime Minister Robert Fico on Slovak Radio's debate show on May 10.

SLOVAKIA won't increase its defence budget in the next few years, despite the tension in neighbouring Ukraine, said Prime Minister Robert Fico on Slovak Radio's debate show on May 10.

Slovakia doesn't have enough resources at the moment to increase the percentage of GDP spent on defence, according to Fico. The current 1 percent of GDP may be increased somewhat, but no significant hike is realistic, he stressed.

"I'm interested in seeing a small professional military that will be adequately armed," said Fico as quoted by the TASR newswire, adding that the current tasks of the military are different from those 30 years ago.

"There's a major geopolitical dispute concerning Ukraine. We'll always promote the use of political tools and not of military and economic ones to resolve the crisis in Ukraine," Fico said.
"If the most severe sanctions [against Russia] are applied, Slovakia's economic growth next year won't reach 3 percent [of GDP] but a mere 1 percent."

Source: TASR

Compiled by Michaela Terenzani from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information
presented in its Flash News postings.

Top stories

PM Fico announced a package of social measures

Fico unveils second social package

PRIME minister and Smer chairman Robert Fico, at the governing party’s congress in Bratislava on May 23, unveiled the cabinet’s second social, economic and financial package comprising 15 items worth a total of €200…

British PM David Cameron (R) shakes hands with French President Francois Hollande at Eastern Partnership summit. Front row left is Ukrainian President Petro Poroshenko, next to him Slovak president Kiska.

President Kiska supported EU enlargement in Riga

SLOVAKIA fully supports the enlargement of the European Union, Slovak President Andrej Kiska said at the Eastern Partnership and EU summit in Riga, Latvia. He added that the vision of possible EU membership is…

Romantic Bojnice Castle is one of Slovakia’s favourite tourist destinations.

The rise and fall of Slovak castles

NOWADAYS Slovakia is recognised as the world leader in car production per capita. What is less well known is that this country also has the highest number of castles per person.

Parliament passes major legal overhaul to civil litigation rules

MPs passed a civil litigation procedure, a civil extra-litigation procedure and an administrative court procedure on May 21.