Spectator on facebook

Spectator on facebook

Government to sell SE this week

ITALIAN energy giant Enel should take over Slovakia's dominant power producer Slovenské elektrárne (SE) by the end of the week, the Economy Ministry confirmed for the Pravda daily.

Enel will gain a 66 percent stake for €840 million (Sk31.3 billion).

However, the decision on how to distribute the privatization proceeds will have to be left up to the new government. Since the revenue goes above this year's budget for the National Property Fund (FNM), the government, as well as parliament, will have to approve the proceeds. Parliament’s last working session took place last week, though, and no special session to discuss the SE privatization has been planned.

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

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Slovaks speak the worst English in central Europe

Seven out of ten job applicants in Slovakia claim to speak English.

Illustrative Stock Photo

Journalists should resist the temptation to tweet

There is still a need for old-fashioned news reporters who just get the facts out there, says Pulitzer Prize-winning journalist Ian Johnson.

Ian Johnson

We refuse Fico's attacks against journalists

More than 480 journalists have signed a statement condemning the most recent verbal attacks of the former prime minister against journalists.

Slovak journalists at one of protest rallies organised in response to the murder of journalist Ján Kuciak and his fiancée.

UPDATED: Police investigate protest organisers over Soros allegations

The National Criminal Agency wants to see the accounts of the protest organisers due to a criminal complaint alleging they are paid by George Soros.