Spectator on facebook

Spectator on facebook

Coalition agrees on further privatisation

Slovakia's four governing parties agreed on a plan for the further privatisation of strategic companies on December 1, the TASR news wire reported.

The government is looking to sell further stakes in large monopolies, mainly energy companies. Most of the companies have already been privatised and sold to foreign investors with the transfer of controlling stakes of 49 percent.

Late November, President Rudolf Schuster vetoed a law that makes possible the sale of more than 49 percent of shares in the monopolies. However, Schuster will have no veto power if the law is approved a second time.

The state stakes in the companies are administrated by the state privatisation agency, the National Property Fund.

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

Top stories

Kysuce highway stalled due to missing money

Money is missing to finish the section of highway between Žilina and Poland, stopping the completion of the D3 highway project.

Road-blocking protest in Povina, Kysuce, demanding completion of highway bypass - February 16.

Slovak film won Generation Kplus section at Berlinale

The film Little Harbour that won the Crystal Bear – beating movies from many other countries - is the work of (mostly) Slovak women.

Director of Little Harbour, Iveta Grófová, with the Cristal Bear

State insulation falls behind expectations, ministry widens support

Only 134 homeowners in the first round and 62 in the second applied for a subsidy via the insulation programme.

Only 134 homeowners in the first round and 62 in the second applied for a subsidy via the state insulation programme. Illustration stock photo

US philosopher with Slovak roots, Michael Novak, dies

The man who advised politicians and even presidents Gerald Ford and James Carter died on February 17, aged 83.

Michael Novak