Spectator on facebook

Spectator on facebook

Prime minister warns foreign investors

At a conference about the current economic crisis on Tuesday, March 17, organised by the Foreign Affairs Ministry, Prime Minister Robert Fico warned foreign investors that if they decide to leave Slovakia during the crisis, they may expect a harsh reaction from the Slovak government.

At a conference about the current economic crisis on Tuesday, March 17, organised by the Foreign Affairs Ministry, Prime Minister Robert Fico warned foreign investors that if they decide to leave Slovakia during the crisis, they may expect a harsh reaction from the Slovak government.

He reminded them that the government has provided some of them with public subsidies worth billions of Slovak crowns, which “Slovak businessmen and local investors can only dream of.”

However, he confirmed that the government would keep creating favourable conditions to attract new foreign investors, since Slovakia is interested in investments, the SITA newswire wrote.

Fico said that some investors, in coming to Slovakia, did not come to help the country but to make a profit. Moreover, they received huge subsidies from the Slovak government for their investment projects. For these reasons, if these companies decide now to close their businesses in Slovakia, they may expect a harsh reaction from the Slovak government. If, for example, French companies withdraw production from Slovakia, he said his government would punish the French companies that remain. 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

25 years on, most Czechs and Slovaks still oppose their breakup

More than two thirds of Czechs and Slovaks still believe there should have been a referendum on the division of their common state in 1992.

Vladimír Mečiar (L) and Václav Havel discuss the division of Czechoslovakia in 1992. There was no referendum to support the decision.

No new nuclear power plant planned

The state postpones the construction of a new utility in Jaslovské Bohunice, claiming there is no need for it.

Mochovce nuclear power plant

Parties only protect their market share

Rent seeking behavior and a code of loyalty are not the ways to operate a successful democratic political party.

Interior Minister Robert Kaliňák

Skyline over Jaslovské Bohunice is changing

The four cooling towers are expected to be removed until the end of 2018.

State in mid-December 2017