Spectator on facebook

Spectator on facebook

BUSINESS BRIEFS

Closure of state funds in question

Finance Minister Brigita Schmögnerová has said the start of public administration reform and the passage of next year's state budget may be threatened if there is no support for a law that would see eight of 12 extra-budgetary state funds abolished.

The minister said October 22 that she had received information the law, which would see the funds closed as of the start of next year, would not be supported by a number of MPs.

The government has guaranteed the World Bank and International Monetary Fund that the funds would be liquidated. The two organisations have deemed them an ineffective use of state money.

Top stories

General Prosecutor filed a motion for the dissolution of ĽSNS

The Slovak Supreme Court received a motion to dissolve the extreme right ĽSNS party founded and led by Marian Kotleba.

Jaromír Čižnár

Russian spies allegedly recruit also Slovaks

They are using martial art clubs in Germany and dozens more in other EU states, in the Western Balkans, and in North America.

Illustrative stock photo

EC scrutinises state aid for Jaguar Photo

There is a question whether the scrutiny may impact the carmaker’s plans to invest in Slovakia.

The construction site of a brand new plant of Jaguar Land Rover near Nitra.

GLOBSEC forum will host guests from 70 countries

The 12th year of the conference will be attended by the highest number of participants in its history.

Slovak President Andrej Kiska gives the opening speech of The Globsec 2016 security conference.