November - The year in business

New environment minister appointed – The Ministry of Environment restarted its operation as a standalone ministry on November 1 and President Gašparovič on November 2 appointed József Nagy as the new head of the country’s resurrected Environment Ministry.

New environment minister appointed – The Ministry of Environment restarted its operation as a standalone ministry on November 1 and President Gašparovič on November 2 appointed József Nagy as the new head of the country’s resurrected Environment Ministry.

Stake in Dexia Banka Slovensko is sold – The Franco-Belgian Dexia bank announced on November 11 that it had reached agreement with Penta, a Slovak-based investment group, to sell an 88.71-percent stake in its subsidiary Dexia Banka Slovensko. The deal meets the requirement of the European Commission which had ordered the bank, in exchange for a €6.4-billion emergency aid package that it received from Belgium, France and Luxembourg, to sell its Slovak subsidiary by October 31, 2012.

Broad-gauge railway rejected – Prime Minister Radičová told media in late November that a broad-gauge railway would probably not be built across Slovakia. The idea was a favourite of the previous prime minister, whose aim was to extend the broad-gauge railway from Russia through Slovakia into Austria. The current broad-gauge railway reaches Košice where U.S. Steel Košice uses it for transportation of raw materials from Russia. The government said it would make a final decision on the nearly-€5-billion project after reviewing the results of a feasibility study. Released on December 14, this study found in favour of the plan.

Get daily Slovak news directly to your inbox

Top stories

News digest: Pilot testing deemed successful

Coronavirus affects bus connections, gastronomy businesses send an open letter to the prime minister. Take a look at the latest in our news digest.

PM Igor Matovič presents the results of the pilot nationwide testing on October 26.

Slovakia orders a curfew and embarks on its COVID experiment

High turnout in testing in four northern districts, decision awaited on extending the project to the nation. Prison for a prominent prosecutor and parliament's speaker injured.

Waiting for the results of COVID tests during the pilot phase of the nationwide testing in the town of Nižná in Orava, northern Slovakia.

No balanced budget for next three years, this time due to COVID-19

2021-2023 general government budgets lack consolidation measures.

Finance Minister Eduard Heger