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SDĽ party objects to SPP sale

Labour Minister Peter Magvaši, speaking yesterday for his former communist SDĽ ruling coalition party, said the government’s plan to sell 49% in gas utility SPP should be replaced by another privatisation model in which only 25% would be sold. An official from privatisation advisor Credit Suisse First Boston dismissed the statement as “political populism”, but said it cast “unfortunate” doubt on the cabinet’s decision to sell SPP.

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

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