SLOVAKIA will not attempt to force Interblue Group to pay the €15 million it says it is owed by the firm based on the murky sale of the country’s excess carbon dioxide emissions quotas in 2008. Interblue was supposed to have paid the money if Slovakia used the original proceeds from the sale to fund green projects.
“We will not act from the viewpoint of commercial law since we don’t see there any chance in having the money paid,” Environment Minister József Nagy said on December 15, as quoted by the TASR newswire.
Nagy confirmed that he was scheduled to meet a special prosecutor who has been assigned to examine the case, TASR wrote.
Minister Nagy said that the past sale of Slovakia’s emissions quotas has harmed the international image of Slovakia, noting that the Japanese ambassador has questioned him about the issue with him, TASR reported.
20. Dec 2010 at 0:00 | Compiled by Spectator staff