Spectator on facebook

Spectator on facebook

Opposition parties have own firms

OPPOSITION parties Smer, the Movement for a Democratic Slovakia (HZDS) and the Slovak Communist Party (KSS) have established their own companies to try and make money to finance party operations.

However, the ruling coalition parties are not using this "opportunity," the daily SME reports.

The Smer agency, established by Smer, is in the red, but the party's general manager, Igor Federič, thinks that this year it could make a profit.

The HZDS created the firm Salus. Party representatives are reluctant to say whether it makes a profit or a loss.

The KSS founded the firm Iskrapress, which publishes the biweekly Kroky. According to a KSS spokesman, the firm makes a loss and the party loses Sk50,000 (€1,270) per month.

The law allows for only a limited scope of activities for a firm established by a political party. Such a company can run a printing house, publishing house and produce promotional materials.

Compiled by Beata Balogová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

Kiska appoints Pellegrini cabinet

The president approved the new government, despite some reservations. The new PM promises to investigate the murder of the journalist and his fiancée.

Peter Pellegrini's government

There is still work to be done

2018 is not a re-run of 1989, but there is a connection.

Bratislava, March 16

Organisers cancelled the Bratislava protest

But they are ready to monitor the steps of the new government closely and return to streets when necessary.

Andrej Kiska met with the representatives of the For a Decent Slovakia initiative.

Italian journalist: The Courts say that the Vadalas are from ‘Ndrangheta. That’s all there is to it

The annual turnover of ‘Ndrangheta is 60 billion dollars, investigative reporter Albanese says.

Italian journalist Michele Albanese