Spectator on facebook

Spectator on facebook

Slovakia must liquidate extra sugar

SLOVAKIA and four other EU member states must liquidate excessive sugar reserves by the end of November this year, the Hospodárske noviny business daily wrote.

The European Commission (EC) sent letters to Slovakia, Estonia, Malta, Cyprus, and Latvia informing them of the extended deadline for eliminating the extra sugar. By the end of March 2006 the states will have to prove that they have liquidated the sugar reserves.

Any outstanding excessive sugar reserves after November 2005 will be subject to a fine.

Slovakia has 11,003 tonnes of excessive sugar reserves, according to EC sources. If it fails to liquidate them, the fine would be €5.5 million (Sk218.7 million). Estonia has the highest excessive sugar reserves of the given states -wih 91,000 tonnes of the commodity in storage.

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

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

Top stories

Bratislava growing high Photo

High-rise buildings sprouting up in Bratislava

Visualisation of the future skyline of Bratislava

People of Pezinok fighting against landfill again

Dispute over controversial Pezinok waste dump, which started 18 years ago, continues.

The controversial landfill site in Pezinok

Crisis ends in Danko’s defeat

Education minister steps down following Fico’s call, Danko not ruling out he might leave politics.

Former education minister Peter Plavčan and PM Robert Fico on July 24.

First Slovak woman crossed the English Channel

Before her, only six Slovak men had managed to complete the difficult swim.