Spectator on facebook

Spectator on facebook

Cabinet to set gas rise level today

The cabinet at its regular meeting today is to decide on a natural gas price rise, suggested by the Economy Ministry as almost 20% from October 1; however, several leftist coalition parties have vowed to fight the rise. The increase, which would bring the price Slovaks pay to within 72% of the real price of the gas, is seen as key in the run up to SPP’s privatisation, where any consumer price lower than 90% of the purchase price will lower the attractiveness of the utility for potential bidders and thus may lower the price bid for the 49% SPP stake on offer by as much as 12 billion crowns.

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

Top stories

Problematic highway stretch, Turany-Hubová, will go via Korbeľka tunnel

This variant is more environmentally friendly compared with the surface variant originally planned.

Landslide during construction of the highway near Šútovo in 2013.

400 types of Slovak seeds will be placed in the World Gene Bank at Spitsbergen Photo

Slovak Agriculture Ministry works is storing the seeds on the Svalbard archipelago.

World Gene Bank in Spitsbergen, Norway

Talent is not always enough - sport is an expensive hobby

Promising young athletes often do not have the chance to bring their talent to the next level due to lack of funds.

Slovakia remains unknown in convention business

Ten MICE events in 2017 should bring almost €6.5 million to Bratislava.

The GLOBSEC security forum is one of the regular MICE events in Slovakia since 2005.