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Coalition crisis takes its toll on crown

Even optimistic trade figures could not give the Slovak crown enough muscles to strengthen towards the euro.

Ľudová banka analyst Mário Blaščák thinks that the ruling coalition plight and the adoption of the revision to the abortion law have their tolls on the Slovak currency. Any of the parties dropping from the coalition would shake the investors' confidence in reform processes, Blaščák explained.

Slovenska sporiteľňa's Juraj Kotian sees the key to calming down turbulence in hands of President Rudolf Schuster who could veto the abortion law.

Compiled by Beáta Balogová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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