Pavel Koncoš, head of the ruling coalition Democratic Left Party (SDĽ), has said the party will do “everything in its power” to change the conditions for the sale of gas utility SPP, but said only the party leadership could rule on the SDĽ’s possible departure from cabinet if its demands are not met. The SDĽ wants the cabinet-approved decision to sell 49 per cent in SPP changed to 24 per cent. The privatisation of SPP, the largest in the country’s history, is in its final stages, and experts warn changing tender conditions could destroy Slovakia’s investment reputation.
Compiled by Tom Nicholson from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
28. Jan 2002 at 10:54