Financial markets law passed

Parliament approved a Law on Financial Controls and Internal Audits which will allow for financial checks on public spending as well as controls on the spending of EU funds; the law had been a key requirement for Slovakia meeting its EU financial sector requirements and receiving 15 million euros which was temporarily frozen by the EU earlier this month.

The government found itself at the centre of a scandal over EU funding earlier this year when a senior government office official was suspected of mishandling the money.

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