Spectator on facebook

Spectator on facebook

Think-tank says government has wasted public finances

The government has wasted €265 million throughout 2008 and in the first quarter of 2009, the economic think-thank INESS reported, based on the results of its monitoring of media reports. According to INESS, several cases of cronyism occurred, as the turnover of ministers in the current government suggests, the SITA newswire reported.

The government has wasted €265 million throughout 2008 and in the first quarter of 2009, the economic think-thank INESS reported, based on the results of its monitoring of media reports. According to INESS, several cases of cronyism occurred, as the turnover of ministers in the current government suggests, the SITA newswire reported.

“Within our monitoring we have recorded in 2008 and the first quarter of 2009 in the media news documentation of the suspicions of cronyism with a total of €98 million,” SITA quoted INESS.

Despite the unfavourable position of the media in the eyes of the Slovak government, it is the media that basically saves money for Slovak citizens, INESS says.

“Thanks to the social pressure that their news coverage has encouraged, the government and the ministries cancelled tenders or even closed contracts which were unfavourable for Slovak taxpayers,” INESS stated, as quoted by SITA. “In 2008, media thus prevented cronyism or wasting of money that totalled €161 million.” SITA

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

Top stories

They reported corruption at the Foreign Ministry. Now they receive an award

The tenth year of the White Crow award, celebrating young people and activists who break prejudices and go against the tide.

White Crow award laureates

Blog: Slovakia’s time to shine is now

People may be able to recognise Slovakia’s neighbouring countries through associations with food, drinks, beautiful cities or well-known political events. But Slovakia remains very much "hidden".

Bratislava Castle

The day that changed the Tatra mountains for good Photo

The windstorm damaged 12,000 hectares of woods on November 19, 2004.

Tatras after the 2004 calamity

Smer follows a downward trend but may escape oblivion

What does the defeat in regional elections mean for the future of Slovakia’s strongest party?

“How could it be a fiasco when a political party wins most councillors among all parties?” asks PM Robert Fico.