ECOFIN soothes nerves during US financial crisis

European Commissioner for Economic and Monetary Affairs Joaquin Almunia cautioned on Tuesday, January 22, against panick in the wake of the financial crisis in the U.S.

23. jan 2008

Krčméry: Slovak clinic in Kenya unharmed

The Vysoká Škola Zdravotníctva a Sociálnej Práce sv. Alžbety (St. Elizabeth University of Health care and Social Work) in Eldoret, Kenya has not been damaged in the country’s recent unrest, its rector, Professor Vladimír Krčméry, told the media.

23. jan 2008

Manhunt for Červenka said to be marred by blunders

The manhunt for Roman Červenka, who is accused of bank robbery and escaping his police escort on January 17, is marred by a number of blunders, according to opposition MPs Béla Bugár (ethnic-Hungarian SMK) and Martin Pado (SDKÚ-DS).

23. jan 2008

Short-listed PPP applicants to be named by end of January

According to the SITA newswire, the Transportation Ministry will announce by the end of January which of the six companies that bid in a tender for the construction and operation of five stretches of the D1 highway between Martin and Prešov met the tender criteria.

22. jan 2008

PM calls Opposition ‘obstructionists’

After sailing through another no-confidence vote on January 22, Prime Minister Robert Fico said the opposition’s attempts to oust him from office were only obstructing government work.

22. jan 2008

Some self-employed breathe a sigh of relief

Laws regulating the Occupational Health Service will be amended to exempt from inspection those self-employed people who do not employ others, the Hospodárske noviny daily wrote on January 22.

22. jan 2008

First firing in army tender scandals

On January 22, the Pravda daily reported that Defense Ministry František Kašický intends to punish those responsible for inflating a tender for cleaning army barracks.

22. jan 2008

Avent Slovakia to shut factory in Piešťany

Avent Slovakia, a subsidiary of the Kimberly-Clark Corporation (U.S.), is to end its surgical gown-making operation in Piešťany (Trnava region) and dismiss all its 800 staff by the end of 2008, it was reported on January 21.

22. jan 2008

Ministry to launch tender for Jaslovské Bohunice plant's fifth block

The Economy Ministry is preparing the conditions for launching an international tender for the construction of the fifth block of the Jaslovské Bohunice (Trnava region) nuclear plant, Economy Minister Ľubomír Jahnátek reported on January 21.

22. jan 2008

STV requests a billion crowns in debt relief

The Council of public broadcaster Slovak Television (STV) has approved the STV budget, which again counts on a loss in 2008 and expects Sk1 billion from state coffers to cover part of the loss (10 percent) and to provide funds for a new sports channel - STV3, the Sme daily reported, according to the TASR newswire.

22. jan 2008

Do-nothing parliament on day of no-confidence vote

On January 21, the Sme daily wrote that parliament will sit on its hands that evening, as the sole point on the agenda is a no-confidence motion against Prime Minister Robert Fico. But unlike in December, when all the opposition MPs walked out in protest of the vote’s time slot in the wee hours, the Christian Democrats (KDH) will take part.

21. jan 2008

Investigation could invalidate SPP purchase

On January 21, the Sme daily reported that the government’s recent analysis of gas utility SPP’s privatization indicates that the sale of its 49-percent stake in the company was invalid.

21. jan 2008

Switchgear producers fined Sk 350 mln.

The Antitrust Office (PMÚ) handed down a Sk350-million fine to companies from across Europe and Asia for forming a gas insulated switchgear (GIS) cartel. The office said an agreement the companies signed in 1988 violates the European Commission Treaty's ban on restrictive business practices by allegedly fixing prices, carving up the global market and coordinating GIS public procurement procedures. The agreement covered business across the world, except the United States and Canada.

21. jan 2008

Environment Ministry tender smacks of nepotism

On January 21, the Hospodárske noviny economic daily published on its front page that a Sk30-million has been awarded to the Satur Travel agency, which will arrange the travel plans and visa needs of all MPs.

21. jan 2008
Belinda Carlisle opened the Opera Ball with a bang of a gong

King of Sweden goes hunting in Slovakia

SLOVAKIA hosted a royal hunt during the second weekend of January, when King Carl XVI Gustaf of Sweden arrived for a private hunt, the Hospodárske Noviny daily wrote.

21. jan 2008

No exodus from second pillar yet

THE OPENING of the second, capitalisation pillar of the old-age pension scheme on January 1 has not yet led to a massive outflow of its clients.

21. jan 2008

Heads roll at Land Fund

EIGHT months after dubious transfers of state land to companies close to the ruling coalition were first reported in the Slovak media, the government has finally cleaned house at the troubled Slovak Land Fund.

21. jan 2008

More used cars registered for the first time

EVEN though Slovakia is called the Detroit of the East because of the growing number of cars manufactured here, more Slovaks would rather drive used cars that were made abroad.

21. jan 2008

Quote of the Week:

“We already felt like members of a criminal group.”

21. jan 2008

Czech power station coming to Košice

THE CZECH energy company ČEZ is continuing its move into the Slovak electricity production market. Only one month after it agreed to build a steam-gas facility at the Slovnaft oil refinery in Bratislava, it signed a memorandum of understanding that could let it generate power on the premises of the U.S. Steel Košice steelworks, the Hospodárske Noviny daily wrote.

21. jan 2008
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