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.

Get daily Slovak news directly to your inbox

Top stories

News digest: Penta partner Haščák reportedly charged with corruption after a police raid

Anti-communist fighters will receive pensions. Sunk tugboat being drawn out of the water.

Jaroslav Haščák

Car industry needs to jump on the latest trends

Economy minister promises extensive support for hydrogen technologies in Slovakia.

The Hydrogen Technology Research Centre (CVVT) is to be launched at the end of 2020 or beginning of 2021 in Košice to do R&D in this field.

Responsibility goes hand in hand with EU advantages, says President Čaputová

President Zuzana Čaputová spoke with Vice President of the European Commission for Values and Transparency, Věra Jourová.

President Zuzana Čaputová

Half of all parents lack time to help their children with distance learning

Some have a hard time motivating their children, others do not understand the curriculum.