Spectator on facebook

Spectator on facebook

BY JURAJ KARPIŠ

Should we freeze wages for the euro?

From being a borderline euro-skeptic, PM Robert Fico has become such a euro-fanatic that he has even proposed freezing wages in order to be sure of meeting the inflation criterion for adopting the currency. Strangely, he has in this the support of the unions, who recently got what they wanted in the draft Labour Code amendment.

From being a borderline euro-skeptic, PM Robert Fico has become such a euro-fanatic that he has even proposed freezing wages in order to be sure of meeting the inflation criterion for adopting the currency. Strangely, he has in this the support of the unions, who recently got what they wanted in the draft Labour Code amendment.

Several things are worth mentioning here. First, inflation is a function of the policy of the central bank, not of the government. Second, the criteria exist not to be skirted by cheap tricks, but as a measure of whether each applicant country is ready to adopt the euro. And finally, Slovakia should have a look at whether the existing members of the euro-zone still subscribe to its criteria, which they have so often flouted, before abandoning the crown.


Sme, February 21

Top stories

LGBTI people in the regions: We change people’s minds

Bratislava will dress up in rainbow colours this August again, for the seventh time. This will be for the Bratislava Dúhový Pride diversity festival. But the colours of the rainbow are less bright in the regions,…

Slovakia’s LGBTI community seeks to expand their rights.

Things that make us different also make us stronger

On August 19, a rainbow flag will fly over the US Embassy in Bratislava to represent the firm commitment of the United States to defending the human rights of LGBTI people, writes Ambassador Sterling.

The rainbow flag flew over the US Embassy in Bratislava in 2016.

Blog: 5 things you should do on your visit to the north of Slovakia Photo

Here is a list of tips by an experienced tour guide - including things you have probably not tried before.

Bratislava growing high Photo

High-rise buildings sprouting up in Bratislava

Visualisation of the future skyline of Bratislava