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ECONOMIC BRIEFS

New FNM Presidium cancels some decisions of predecessor

At its third special session on November 16, the Presidium of the National Property Fund (FNM, the national privatization agency) canceled decisions taken by the former presidium in October. The presidium also elected new members to the FNM executive committee.

FNM president Ľudo Kaník said that the presidium canceled decisions to forgive interest rate installments and to lower the purchase prices of dozens of companies. The former FNM chief executive had made these moves regarding privatised companies on October 9 and 19.

The presidium also convened special shareholders' meetings in some companies in which the FNM holds majority stakes. Members of the presidium also created a legal framework for inspections of past individual purchase contracts. The Slovak parliament replaced the top officials of the National Property Fund on November 5.

Top stories

End of investigative show a cause for concern

Media freedom watchdogs believe the scrapping of the only investigative show on public-service television is a threat to its independence.

Jaroslav Rezník

Proxy for Roma criticises minister Kaliňák for ethnical and group discrimination

The government proxy slammed Interior Minister Robert Kaliňák for the draft law on repressing criminality in Roma settlements, for populist discrimination and preferring repression to prevention.

Roma communities, illustrative stock photo

Slovak racer Svitko finished at Dakar Video

After a serious fall in the tenth leg, Slovak motorcyclist Štefan Svitko resigned from the 40th year of the Dakar Rally due to pain in his upper body.

Štefan Svitko

Carmakers in Slovakia produced more than one million cars last year

2018 will be critical for Slovakia’s automotive industry, claim sector’s representatives.

Most cars produced in Slovakia head for export.