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IN SHORT

SE privatization pushed back to early 2006

THE PRIVATIZATION of a 66-percent stake in Slovakia's dominant power producer Slovenské elektrárne (SE) will be completed early next year instead of by the end of this year as originally agreed, Economy Minister Jirko Malchárek said on November 4, the TASR news wire reported.

The state privatization agency approved Enel's investment strategy for SE, but the completion of the transaction hangs in the balance. Some issues are yet to be settled, including SE's unfavourable long-term contracts with clients such as aluminium smelter Slovalco and the EU-inspired closure of ageing reactors at the Jaslovské Bohunice nuclear power plant.

Top stories

Budgetary deficit supposed to be under 1 percent for the first time

MPs approved the public administration budget for the next year, with 82 voting for it, and 59 against.

Finance Minister Peter Kažimír

President to appoint missing Constitutional Court justices

The court will have its full complement of judges after three years.

President Andrej Kiska

Austrian natural gas station close to Slovak border exploded Video

The incident, which claimed one fatality and at least 18 injuries, also created an emergency in a Slovak village close to the Austrian border.

The explosion of Austrian natural gas station in Baumgarten, December 12.

Blog: Environmental sustainability is the future for sustainability in business

A great example of how you can make a difference by sharing your passion with others: Ivana Maleš, co-founder of the Institute for Circular Economy, describes her journey to a sustainability consultant.

Illustrative stock photo