IN SHORT

Government to halt privatisations

THE NEW government led by Robert Fico will not revive the outgoing government's plan to sell state stakes in strategic energy and railway companies.

In addition to the railway cargo transportation firm ZSSK Cargo Slovakia, the Dzurinda government had started to privatise Slovakia's six biggest heating companies and had laid the groundwork for the sale of three energy distribution firms.

Just these sales were expected to earn around Sk45 billion (€1.19 million) for the state budget, an amount the Fico government would have to find some way to replace.

Analysts have noted, however, that the state budget will not be the only victim of the the halted privatisations.

According to ING Bank's Ján Tóth, foreign investors are going to find their options increasingly limited in Slovakia and the path to investment for the companies most in need will be complicated, Pravda wrote.

Top stories

News digest: New week starts with several changes to rules

Higher age limit for testing and longer test negativity for events. No Olympic medals for Slovakia so far. Collusive custody will change.


13 h
Sme Rodina leader Boris Kollár (right) and Health Minister Vladimír Lengvarský (OĽaNO nominee).

The tested and the vaccinated will be treated the same. Coalition passes a Delta compromise

MPs pass a law with mild advantages for the vaccinated, but vaccination will be required to see the Pope live.


19 h
UK Ambassador to Slovakia Nigel Baker

UK Ambassador: Britons in Slovakia are a resilient community

Life is as it was before Brexit for British nationals in Slovakia once they've got their documents sorted.


15 h
Illustrative stock photo

Conditions for mass events and age limit for testing change

Most of the new rules came into force on July 26, 2021.


20 h