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State will not help people conserve energy

The 2008 state budget draft does not include subsidies to help reduce family energy bills next year, the Pravda daily reported on November 14.

The cabinet promised the support as recently as three weeks ago, when it approved Economy Minister Ľubomír Jahnátek's proposal to allocate Sk150 million for the launch and first activities of the Energy Efficiency Fund in 2008.

The Economy Ministry admitted there was no money for the fund at the moment. However, the Finance and Economy Ministries are bound by a government resolution to find the money for the fund during 2008.

EU countries have been requested to introduce the Energy Efficiency Fund by Brussels.

Twenty percent of Slovaks’ expenditures are spent on energy, which is the highest share in Central Europe. The Slovak economy is the fifth-most demanding in terms of energy consumption in Europe.


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

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