Spectator on facebook

Spectator on facebook

State to receive €141m more from dividends than expected

Income from dividends from companies partly or wholly owned by the state should be €141 million higher than projected by the 2011 budget drawn up last year.

Income from dividends from companies partly or wholly owned by the state should be €141 million higher than projected by the 2011 budget drawn up last year.

Dividend income should reach a total of €439 million, the TASR newswire wrote. Most of the amount, €374 million, will become state budget incomes, while the rest will remain in state financial assets, the government decided on Wednesday, August 10. The Finance Ministry has proposed bolstering state financial assets designated to cover extraordinary expenses. The volume of such assets has fallen over the past three years, most notably in 2009. Compared to the 2008 level, they have dropped by almost €1.7 billion to only €184 million.

Source: TASR

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

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

How rock music helped bring down the totalitarian regime Video

A new film shows that Rock & Roll, forbidden in the Soviet Union, helped to end the Cold War.

Illustrative Stock Photo

Movies under an open sky feel differently than in an air-conditioned cinema Photo

The popularity of outdoor cinemas is increasing in Bratislava

Bažant Kinematograf on the Magio Pláž beach

Peter Sagan announces split with his wife Katarína

The Slovak cycling star who has a young son said “It will be much better this way”.

Peter Sagan marries Katarína, November 2015.

Top 3 news from Last Week in Slovakia Video

Slovakia to buy 14 American fighter jets.

This archive picture from 2014 shows an older model of the F-16 fighter jets.