Spectator on facebook

Spectator on facebook

Coalition: No more privatization after March 31

THE RULING coalition has decided not to privatize any more state assets after March 31 in what it claims is a gesture of good will to the public and the political opposition ahead of scheduled September elections.

The agreement may endanger the completion of the privatization sales of energy distributors Stredoslovenská energetika and Východoslovenská energetika, the Pravda daily wrote. However, apart from these two deals, other ongoing privatizations should not be affected.

The 100 percent sale of railway cargo transporter ZSSK Cargo should be completed by February this year, for example, while the state privatization agency, the National Property Fund (FNM), plans to select investors for heating companies in Bratislava, Žilina, Trnava, Zvolen, Martin, and Košice by the end of March.

The coalition said it had arrived at the decision because it does not want to risk alienating voters over sensitive privatization deals.

Before previous national elections in 2002 and 1998, the governments in power were criticized for seeming to rush through dubious privatization sales before leaving office.

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

Top stories

12 places where you can see the works of one of the best medieval wood carvers Photo

The works of the renowned Master Paul are not limited just to Levoča.

St Geirge Curch in Spišská Sobota

Heatwaves to continue in Slovakia over the following days

More than 40 people collapsed due to hot weather on Thursday.

Jourová: Fico not fully informed on all EC’s activities on double standards

European Commission President Jean-Claude Juncker will meet with Fico to discuss double quality standards of foods on July 27 in Brussels.

European Commissioner for Justice, Consumers and Gender Equality Věra Jourová

Foreigners: Events in Bratislava Video

Tips for performances and other events in the capital between July 21 and July 30, including concerts, parties, festivals, classical music, inline skating, exhibitions and more.