Spectator on facebook

Spectator on facebook

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.

Top stories

Námestie Slobody gets facelift Photo

The architectural tender will gather ideas for the redesign of the biggest square in Bratislava

Námestie Slobody will be redesigned into a kind of living room in the city.

When the state can’t keep a secret

A selective leak has tarnished President Kiska’s reputation. But he must continue to speak out about corruption.

President Andrej Kiska

Fundamental values explored at Divadelná Nitra 2017

This time round, the Slovak, European and US ensembles at the theatre festival focus on #fundamentals, i.e. basic values and the essence of all things.

Nature Theatre of Oklahoma: Pursuit of Happiness

Foreign rocket engines for North Korea: Why?

For Russia, the path to a weakened China could be through a major nuclear accident in North Korea.