SP monopoly law returned to parliament

President Schuster returned to parliament for further debate a law liberalising vehicle insurance, which was to have ended the monopoly of state insurer Slovenská poisťovňa (SP) in the field as of January 1, 2002.

SP is to be privatised before the end of this year. According to Finance Minister Brigita Schmögnerová, the firm has attracted the interest of many foreign parties. The government is selling a 78% stake in SP.

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