BUSINESS BRIEFS

Coalition agrees on further privatisation

THE RULING coalition agreed to privatise the remaining stakes in the country's strategic companies at a Coalition Council session on June 10.

"There are several reasons to lift certain limitations set by the currently valid law [on strategic companies]," Prime Minister Mikuláš Dzurinda told the TASR news agency after the meeting.

In his opinion, there's "no need to hurry" with further privatisation of the national gas utility SPP. But it would be useful to relax the law that currently allows selling a maximum stake of only 49 percent in state-owned strategic companies in other cases.

"We agreed to lift this legal barrier. It does not mean that we are going to privatise everything automatically, but we will be seeking an agreement on further privatisation of each company individually," Dzurinda said.

Get daily Slovak news directly to your inbox

Top stories

UPDATED: Nationwide testing for COVID-19 is on

Long queues have formed in front of most testing points since early morning. Some drive-through sites closed in Bratislava

Testing in Trenčín, western Slovakia

The big testing: When and where to show up, and what if I don't want to? (FAQ)

Here is what we know about the practicalities of the nationwide testing so far. Testing also applies to foreigners and diplomats in Slovakia.

Pilot testing in Bardejov

Afraid of testing? Minimise your risk of infection with these test day tips

Coughing is the most dangerous part of the testing process.

Zborov, the Bardejov district

The big test is upon us. What are we to do?

For a foreigner living in Slovakia, there is yet another concern.