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Fico threatens nationalisation to stop energy increases

Slovak Prime Minister Robert Fico stated that the government is ready to takeextreme measures, including expropriation, if power monopolies do not respect the purchasing power of the population in their price proposals.

Slovak Prime Minister Robert Fico stated that the government is ready to take
extreme measures, including expropriation, if power monopolies do not respect the purchasing power of the population in their price proposals.

"At some point we will lose patience,” he said. “I would like to cite Article 20 of the Slovak Constitution, which says that something can be expropriated in the public interest. If they continue, and this is not only about Enel but about the position of foreign owners of power monopolies, to make policies that go against state policy, against the interests of this state and its people, we will not hesitate to use also such extreme tools," Fico told in an interview with the SITA newswire.

The government is strongly socially-oriented, which means it must keep the purchasing power of the Slovak population in mind in every decision, Fico said.

Fico also criticised power company Enel for its attitude to completion of the Mochovce nuclear power station.

"There is no construction activity in Mochovce, nothing is happening there. Yet Enel, as the majority owner of Slovenské Elektrárne, has plenty of excuses. We will not let anyone mislead us," he said. SITA

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

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