Spectator on facebook

Spectator on facebook

Plan to protect consumers during euro adoption unveiled

The Economy Ministry has drawn up a blueprint for protecting consumers during euro adoption in response to the widespread opinion that dishonest entrepreneurs will take advantage of the changeover in order to introduce uncontrolled price hikes.

The measures taken will include the setting up supervisory bodies, along with moves to prepare the public for a gradual changeover, so that they will begin to "think in euros". The ministry acknowledges that a lack of information, an unsuitable legal environment and inadequate controls could have an adverse impact mainly on vulnerable groups of consumers.

Retailers will be obliged to display dual prices no later than one month after the changeover conversion rate is announced, while all statements of monetary sums, prices or values in the domestic currency will have to display the euro equivalent.

Slovakia plans to introduce the euro as of January 1, 2009. The official changeover rate will be announced several months in advance.

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

Top stories

Pellegrini’s cabinet bets on a non-partisan interior minister

Nine ministers remain unchanged, the interior to be led by “a man from Drucker’s team”. Here are the names Pellegrini wants in his cabinet.

Jozef Ráž is proposed to become the new interior minister.

Kuciak Sr: I do not believe justice will be served

The parents of Ján Kuciak and Martina Kušnírová are sceptical as to whether the investigation of their children's murder will return results and justice will be served.

Ex-minister, ex-MP and lawyer Daniel Lipšic.

Italian companies in Slovakia drew EU-funds worth €68m

After the Agriculture Ministry lifted its embargo, it turned out that the companies of Italians suspected of ties with ’Ndrangheta received subsidies worth millions of euros, through the Agricultural Paying Agency.

Farming seems to be quite a profitable business, illustrative stock photo.

Slovakia has its historically most successful Paralympics Video

The athlete who won most medals is visually impaired skier Henrieta Farkašová – who was unhappy, though, after coming second in the slalom on March 17.

L-R: Guide Natália Šubrtová and the msot successful Slovak Paralympic athlete, Henrieta Farkašová,