Spectator on facebook

Spectator on facebook

Reader feedback: Count costs as well

Re: Slovakia's EU member-ship pays off, Business in Short, October 3-9, 2005

Slovakia may have netted some €168 million in the first year of membership, but there is a snag. In line with the accession agreement, Slovakia will have to decommission two nuclear reactors. Although the EU will subsidize part of the cost of the decomissioning, the bulk of the cost Slovakia has to pay.

This, let's call it "shortfall", could be something in the region of €500 million by 2009, when the decommissioning is supposed to have been completed. That is almost exactly three times €168 million.

And that is not all, for Slovakia must, after the decommissioning, find an alternative source of electricity to cover the loss of these significant generating facilities. That has a price tag attached too.

Radošovce, Slovakia

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