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Approval of SE privatisation documents delayed

THE CABINET again delayed the approval of the privatisation of the Slovenské elektrárne (SE) power plant documents.

A 66-percent stake of SE is due to be sold to Italian company Enel.

At their regular December 1 meeting the ministers suspended talks on the transaction documents, because Justice Minister Daniel Lipšic raised legislative remarks on ten points of the documents.

"We came to the conclusion that it will be better if the negotiation team explains the legislative terms of the transaction documents to the Justice Ministry in the coming days so that every minister is satisfied," Economy Minister Pavol Rusko said.

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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