Spectator on facebook

Spectator on facebook

IN SHORT BUSINESS

Finance Ministry blames Mečiar cabinets

FINANCE Minister Ivan Mikloš says that the administrations of former Prime Minister Vladimír Mečiar (1993 to 1998) are responsible for the Sk25 billion (€647 million) debt that an international tribunal has ordered Slovakia to pay to the Czech ČSOB bank.

The tribunal in Washington decided at the end of 2004 that Slovakia has to pay the money to ČSOB. The case goes back to the restructuring of the bank after Czechoslovakia split into two independent republics.

Sergej Kozlík, the previous Finance Minister, denied responsibility for the debt.

According to the SME daily, the Slovak cabinet has still to decide whether it will pay the whole debt or whether it will appeal against the verdict. The cabinet is due to make its decision by February 11.

Top stories

UPDATED: Slovakia’s Kuzmina wins Olympic gold Video

The Slovak biathlete dominates the 12.5km race at this year’s Winter Olympic Games in PyeongChang.

Anastasiya Kuzmina

Slovakia ends last in its preliminary group Photo

Slovenia defeated the Slovak team on shootouts.

Slovak archaeologists discover a key to understanding the Maya

Revolutionary laser technology has changed the view of current knowledge about the ancient Mayas. Slovak experts' findings are part of a major breakthrough in Maya archaeology.

Slovaks participate in a major breakthrough in Maya archaeology.

Will Kiska run for president?

Media reports suggest that Andrej Kiska will not run again. How does the situation look one year ahead of presidential election?

President Andrej Kiska