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IN SHORT

Enel makes first payment for SE

ITALIAN company Enel paid 20 percent of the total purchasing price for power producer Slovenské elektrárne February 24, according to the Hospodarske noviny business daily.

Enel paid the €168 million (Sk6 billion) into the account of the National Property Fund (FNM) privatization agency. The total purchasing price for the 66-percent stake in SE that Enel is set to buy is €840 million.

As agreed in the transaction documents, Enel will pay the rest of the money once the deal is completed, which is expected in the second half of 2005.

Top stories

End of investigative show a cause for concern

Media freedom watchdogs believe the scrapping of the only investigative show on public-service television is a threat to its independence.

Jaroslav Rezník

Slovakia is 26th on the Employment Flexibility Index

Higher work surcharges will push Slovakia down.

Proxy for Roma criticises minister Kaliňák for ethnical and group discrimination

The government proxy slammed Interior Minister Robert Kaliňák for the draft law on repressing criminality in Roma settlements, for populist discrimination and preferring repression to prevention.

Roma communities, illustrative stock photo

Slovak racer Svitko finished at Dakar Video

After a serious fall in the tenth leg, Slovak motorcyclist Štefan Svitko resigned from the 40th year of the Dakar Rally due to pain in his upper body.

Štefan Svitko