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

Crematorium in Bratislava is an architectural revelation Photo

Those who have experienced farewells in other crematoria know what makes it special. Now the best work by the architect Ferdinand Milučký is getting a monograph

Crematorium in Bratislava by architect Ferdinand Milučký

What kind of expectations do some Slovaks have for world leaders?

Among EU member states, opinions of the United States declined in all but two — Poland (which makes some sense) and Slovakia (which does not).

Donald Trump

Crates and boxes. Slovaks discover new ways of grocery shopping

Farmer’s boxes are gaining customers in Slovakia as people slowly become more conscious about quality and the origin of the food they eat.

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between January 19 and January 28, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

Scandi 4