Enel deal postponed

THE CABINET postponed by one week talks on final conditions for privatizing power producer Slovenské elektrárne (SE) to Italian energy company Enel.

Cabinet was expected to discuss the deal yesterday, November 24, but put off debate because of reported deficiencies in contracts prepared by the Economy Ministry and advisor PricewaterhouseCoopers, the daily SME wrote.

"The cabinet asked the investor to extend its offer to December 10," Economy Minister Pavol Rusko said.

p>Compiled by Martina Jurinová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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