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.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Hundreds of doctors do not have valid contracts with VšZP

People insured by the state-run health insurer may be asked to pay at the doctor’s.

Embassies welcome recent convictions in some high-level corruption cases

They can strengthen public trust in state institutions and in democratic government, embassies claim in a joint statement.

For A Decent Slovakia march on June 22, 2018, in Bratislava.

Trains between Bratislava and Košice will arrive sooner

The new timetable brings about several changes. What should passengers expect?

Illustrative stock photo

The world cannot afford cheap petrol

The fuel tax was the first thing that Macron sacrificed in an attempt to calm protests.