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Slovaks pay most for electricity

A new survey shows that Slovaks spend a bigger portion of their income on electricity than citizens of other EU countries.

The survey by Eurostat, the Statistical Office of the European Communities, compared prices of electricity in individual EU member states, and found that Slovaks pay more for electricity consumption in relation to their income, according to Hospodárske Noviny, the economic newspaper.

The price of the electricity is the highest not only for households, but also for industry.

However, distribution companies have objections towards the Eurostat methodology, which they think was not objective. They claim the data are based on the wrong exchange rate, parity calculation and price of distribution companies' products.

Compiled by Zuzana Vilikovská from press reports
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