Slovak cabinet reviews anti-crisis measures

At its regular meeting on Wednesday, June 3, the Slovak cabinet acknowledged a report on fulfilment of its measures to alleviate the impacts of the financial and economic crisis during the first quarter of 2009, the SITA newswire reported.

At its regular meeting on Wednesday, June 3, the Slovak cabinet acknowledged a report on fulfilment of its measures to alleviate the impacts of the financial and economic crisis during the first quarter of 2009, the SITA newswire reported.

The Cabinet has adopted a total of 62 measures of which eleven have been fulfilled as of the end of March. The Economy Ministry proposes to no longer monitor six measures that concern the energy sector, a further six measures will not be evaluated until the approved funds are allocated. The remaining 39 measures are being fulfilled gradually, SITA wrote.

“The situation in the energy market has developed positively for consumers as a result of legislative changes and better regulation over the latest period, mainly as far as electricity and gas prices are concerned,” the ministry said in explaining for SITA its decision not to monitor any further.

The ministry said that fulfilment of its measures restricted abuse by dominant electricity producers and distributors in the market. Construction of new energy sources is ongoing with the aim to improve energy security and continuous energy supply. The cabinet concluded that the measures in the energy sector met their purpose and contributed positively to stabilization of the situation in this area. 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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